NRC Group ASA – Exercise of contract option in Sweden - SEK 142 million

The Swedish Transport Administration has decided to exercise the contract option relating to maintenance work on the railway connections “Blekinge Kustbanan” and “Kust till Kustbanorna” in Sweden.  

NRC Sverige AB will be responsible for preventive maintenance and corrective measures on the track lines and will involve rail services such as track, electro and signal.

The option is valued at approximately SEK 142 million and will take effect from April 2021 and continue to March 2023.

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 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.