NRC Group ASA - Appointed to major rail contract in Norway - NOK 436 million

Bane Nor has appointed NRC Norge AS, a company wholly owned by NRC Group ASA, to a contract for rehabilitation and upgrading of the catenary infrastructure on the railway between Hønefoss and Nesbyen. 

The contract is appointed to a joint venture together with Nettpartner, and NRC’s share is valued at approximately NOK 436 million. The contract will involve rail services such as electro, signal/telecom, track and groundwork. The work will commence in March 2024 and is scheduled for completion in autumn 2027.

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: Ole Gulsvik, CFO of NRC Group, + 47 99 56 85 20.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Charlotte Krog, Communication, NRC Group ASA.