NRC GROUP ASA - APPOINTED TO A MAJOR CONTRACT IN NORWAY - NOK 202 MILLION
Bane Nor has appointed NRC Rail AS, a company wholly owned by NRC Group ASA, to a contract for changing 45 kilometers of the catenary system on the connection between Moi and Egersund (Sørlandsbanen). The contract is valued at approximately NOK 202 million and is the largest rail contract awarded to NRC Rail AS to date. The work will commence in March 2017, and the project is scheduled for completion in December 2018. Closing date for submission of complaints is 10 days from today, and formal contractual signing can take place after this period at the earliest. Oslo, 10 March