NRC GROUP ASA - APPOINTED TO A CONTRACT IN SWEDEN - SEK 101 MILLION

The Swedish Transport Administration (Trafikverket) has appointed Svensk Järnvägsteknik AB, a company wholly owned by NRC Group ASA, to a contract of changing the signal system on the railway connection between Laxå and Gothenburg.
 
The contract is valued at approximately SEK 101 million, and will involve rail services such as signal, electro and groundwork. The work will commence in May 2017, and the project is scheduled for completion at the latest in December 2019.
 
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, 27. April 2017
 
For further information, please contact: Øivind Horpestad, CEO of NRC Group, +47 910 00 626.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
 
About NRC Group ASA:
NRC Group is a leading contractor within railway infrastructure in Norway and Sweden. The company is a supplier of all track-related infrastructure services, including groundworks, specialized track work, safety, electro, telecom- and signalling systems. The company works within rail, metro, tram segments and close related infrastructure. NRC Group has experienced significant growth since its inception in 2011 and has a vision of becoming the leading Nordic entrepreneur within railway infrastructure.
 
For more information: www.nrcgroup.no/