NRC Group ASA - Appointed to a contract in Norway - NOK 65 million

Skanska has appointed Norsk Saneringsservice AS (“NSS”), a company wholly owned by NRC Group ASA, to a contract for demolition and remediation works in connection with the new metro station in Fornebu.

The contract is valued at approximately NOK 65 million and is the largest contract awarded to NSS to date, and confirms NSS’ strong position within demolition and environmental remediation services in Norway.

The work will commence in November 2020, and the project is scheduled for completion in June 2021.

“We are very pleased to be appointed this strategic important contract for NSS. Fornebubanen is one of the largest metro expansions in Norway, and over 75 000m2 of masses will be sanitized, demolished and disposed by NSS. I’m confident that we will execute on this project in a sustainable and safe way. ”

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.