NRC Group ASA - Appointed to a contract in Finland – EUR 20.3 million

The Finnish Transport Infrastructure Agency has appointed NRC Group Finland Oy, a company wholly owned by NRC Group ASA, and Siemens Mobility Oy, to a contract for signalling system renewal on the Tampere-Seinäjoki railway section.

NRC Group Finland Oy and Siemens Mobility Oy will jointly deliver and install a new signalling system between Tampere and Seinäjoki. Siemens Mobility Oy is responsible for the system delivery and NRC Group Finland Oy is responsible for interlocking outdoor equipment installation and overall site management.

NRC Group Finland’s share of the contract is approximately EUR 20.3 million.

The work will commence in October 2019, and the project is scheduled for completion in December 2021.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47 91 74 15 92

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About Us

About NRC GroupNRC Group is the largest rail infrastructure entrepreneur in the Nordic region. NRC Group has experienced significant growth since its inception in 2011 and has regional offices throughout Norway, Sweden and Finland. The company is headquartered at Lysaker, nearby Oslo, in Norway. NRC Group is listed on the Oslo Stock Exchange under ticker "NRC". The company's chief executive officer is Henning Olsen.