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 creates tomorrow’s sustainable solutions, connecting people and cities across the Nordics. We deliver the sought-after work needed for low emission urban mobility. With around 2,000 professionals on board, we’re a prominent provider of transport infrastructure in our region. NRC Group has a yearly revenue of approximately NOK 6 billion. Our headquarter is located in Lysaker, Norway, and our company is listed on the Oslo Stock Exchange under the ticker "NRC". The company’s chief executive officer is Henning Olsen. www.nrcgroup.com

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