NRC Group ASA - Appointed to contract in Finland – EUR 10 million

Tampere Tramway Ltd and the City of Tampere have appointed NRC Group Finland Oy, a company wholly owned by NRC Group ASA, and YIT Finland Oy, Sweco Infra & Rail Oy and Pöyry Finland Oy, to a contract for extension of the Tampere tram network. The contract is an extension for the ongoing Alliance contract.

The Alliance parties will jointly design and build 0.7 km extension for the new tramline along the street Hatanpään valtatie and will involve rail services such as track, electro and groundwork.

The work will commence in December 2019 and the project is scheduled for completion in September 2022.

NRC Group Finland’s share of the contract is approximately EUR 10 million.

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.