NRC Group ASA - Appointed to a contract in Norway - NOK 220 million

Bane NOR has appointed NRC Bane AS, a company wholly owned by NRC Group ASA, to a contract for the rehabilitation and upgrading of Nittedal railway station. The project will increase the quality and track capacity to ensure long-term reliability on Gjørvikbanen.

The contract is valued at approximately NOK 220 million and will involve rail services such as groundwork, track, electro and signal/telecom.

The work will commence in December 2020, and the project is scheduled for completion in August 2022.

Closing date for submission of complaints is 10 days from today, and formal contractual signing can take place after this period at the earliest.

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

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

About Us

About NRC GroupA Nordic infrastructure company with around 2,000 professionals across Norway, Finland and Sweden. Together we deliver sustainable infrastructure and offer a full range service portofolio with groundwork, specialised trackwork, safety, electro, telecom, signalling systems and environmental solutions. NRC Group has experienced significant growth since its inception in 2011 and has a revenue of approximately NOK 6 billion. NRC Group, with its headquarters located in Lysaker, Oslo, is listed on the Oslo Stock Exchange under ticker “NRC”. The company’s chief executive officer is Henning Olsen. www.nrcgroup.com

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