Being the most attractive partner and employer of tomorrow's infrastructure.
The future is on rails. We deliver the infrastructure.
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Nordic employees 20220.0BNOK
Nordic revenue 20220%
Reduction of GHG emissions by 2025A challenger is born
NRC Group is founded in Norway.
The expanding journey starts
We acquire 14 companies in total towards 2019, to enable us to provide the entire value chain for building and maintaining rails.
Listed on Stock Exchange
We are listed on Oslo Stock Exchange. This is also the year we expand to Sweden.
Taking a leading position
We expand to Finland by acquiring VR Track. Through this acquisition, we establish a leading position in the Nordics.
New strategy
We present our new strategy with focus on profitable growth through operational improvement and by capitalising on a leading position and a strong market outlook.
A major Nordic company in the making
After a decade of growth, we are established as a leading player in the field of rail infrastructure in Norway, Sweden, and Finland. We will continue our growth journey and challenge the industry, when connecting cities and people in more efficient and sustainable ways.
The leading rail infrastructure company in the Nordics
NRC Group engineer and build sustainable transport solutions. We provide in-house competence and expertise mainly for complex projects within rail, light rail and civil engineering. In a few years, we have become a leading infrastructure company in Norway, Sweden, and Finland. How we execute our projects, matters to us. Being entrepreneurial at our core is key for our commitment to succeed with our sustainable strategy.
We create infrastructure that goes beyond the demands of today and tomorrow - both for people and the society.
Our core values
We work according to high ethical standards, we keep our promises, and deliver on agreed time, budget and quality. For us, promises exist to be kept.
We deliver infrastructure, not bureaucracy. We are driven by a strong commercial mindset.
We care for the safety of our employees and suppliers. We make sure to plan and act for the safety of people and our society.
Tomorrow in the making
Executive management
Henning Olsen
CEO
Olsen comes from the position as executive vice president in AF Gruppen, where he has been responsible for the Building business area in Norway since 2016. His previous roles in AF Gruppen include head of AF Eiendom, financial director within AF Bygg Oslo and group controller. Before joining AF Gruppen in 2010, he has been employed at Statkraft and Boston Consulting Group. Henning holds a Master of Science degree in Business from BI Norwegian Business School (2003).
Henning Olsen holds 165,000 share options and 114,306 shares in NRC Group ASA.
Ole Anton Gulsvik
CFO
Gulsvik has more than 15 years experience from various managerial roles. He comes from the role as CEO of Seven Seas Group (former Eitzen Maritime Services), where he served as CEO from 2016 and as CFO from 2012 to 2015 when the company was listed at the Oslo Stock Exchange. Gulsvik holds a strong capital market background from among others Carnegie and Handelsbanken as analyst both within equity and credits, and later in corporate finance. Gulsvik holds a Masters degree in Engineering from the Norwegian University of Technology and Science (NTNU) in Trondheim, Norway. Ole Anton Gulsvik holds 90,000 share options, 4,281 shares and through his wholly-owned company Jodfabrikken AS,133,996 shares in NRC Group ASA.
Harri Lukkarinen
EVP & MD NRC Group Finland
Lukkarinen has more than 20 years of railway industry experience. He was previously CEO of VR Track Oy and Director for infrastructure projects at CMC Terasto Oy which was part of Pöyry Group. He served as a management team member of VR Group. Lukkarinen has been Managing Director of NRC Finland since January 2019. Harri Lukkarinen holds 157,500 share options and 16,962 shares in NRC Group ASA.
Lene Engebretsen
EVP & Head of Communications
Engebretsen comes from the position as Director for Internal Communications Europe in Cognizant. She has been responsible for strategic communications and change management lead for several large projects the last years. Her previous roles in Cognizant include Director of Business Relations and Head of Communications. Before joining Cognizant in 2016, she held positions as Head of Communications for different tech and media companies. Lene holds a Master of Finance degree from BI Norwegian Business School (2002). Lene Engebretsen holds 51,000 share options and 9,259 shares in NRC Group ASA.
Arild Ingar Moe
EVP & MD NRC Group Norway
Moe has more than 30 years’ experience from the civil industry. Since 2009 he has been Vice President for the Civil Construction division and a part of the executive management at AF Gruppen in Norway. Previous roles in AF Gruppen include leading the integration of the acquired construction company Ragnar Evensen and the position as Managing Director for this company, which later became AF Bygg Oslo. Moe holds an Engineering degree from Oslo Ingeniørhøgskole (1988) and a Bachelor of Economics degree from Agder Ingeniør og Distrikshøgskole (1989).
Arild Ingar Moe holds 96,000 share options and 232,033 shares in NRC Group ASA.
Jussi Mattsson
EVP & Head of Strategy and Business Development
Jussi Mattsson joined NRC Group 1 February 2021. Before joining NRC Group, Jussi worked for Rettig Group, a family owned investment company, where he focused on value creation for the company’s core investments. Prior to that he worked for Boston Consulting Group. He has a master of Science degree from the Aalto University School of Economics.
Jussi Mattsson holds 45,000 share options and 5,252 shares in NRC Group ASA.
Marianne Ulland Kellmer
EVP & Head of HR
Kellmer comes from the position as HR Director for NRC Group Norway, and before joining NRC Group she was Nordic HR Transformation Specialist in Oracle. Since 2007 Kellmer has held various HR leadership roles in different industries, and among others she has been Head of Group HR in the Norsk Gjenvinning Group, HR Manager in Scandic hotels and Organizational and Communications Manager within the public transportation sector in greater Oslo region. Marianne holds a Bachelor Degree in Service Management from the University of Stavanger, Norway. Marianne Kellmer holds 4,000 share options and 4281 shares in NRC Group ASA.
Niklas Sundel
EVP and COO NRC Group Sweden
Sundel has more than 15 years of experience from the construction industry. He has been COO of VR Track Sweden and has served as Area Manager and Regional Director in Infranord in the period from 2010 to 2018. Since 2019, he has served as Head of Maintenance in NRC Group Sweden.
Niklas holds a Bachelor degree from the University in Halmstad and a Master degree in Business Administration from the University of Gothenburg.
Niklas has 53,000 share options and 4,000 shares in NRC Group ASA.
Board of Directors
Rolf Jansson (1969)
Chairman of the board
Rolf Jansson is currently CEO of Aspo Group. Prior to that, he held the position as President and CEO at VR Group, Finnish Railways. Before joining VR Group Jansson worked in investment banking at Nordea Corporate Finance and holds extensive experience from management consulting primarily at Booz Allen Hamilton. Jansson is currently a Board member at Sarlin Group, Varma Mutual Pension Insurance Company and East Office of Finnish Industries. Jansson represents VR Group Oy which holds approximately 18% of the shares in NRC Group. Jansson currently holds 65,000 shares in the company. Member of the Board of NRC Group since January 2019.
Mats Williamson (1958)
Board member
Mats Williamson has more than 35 years of experience from various positions within the Skanska Group. Williamson has been Executive Vice President for the Skanska Group, Business Unit President for Skanska’s construction activities in Sweden and UK and Project Director for the Öresund Bridge. Williamson holds a MSc in Civil Engineering from Lund Institute of Technology and has an AMP from Harvard Business School. He has held positions as Board member in several companies in Sweden. Williamson holds 30,000 shares in the company. Member of the Board of NRC Group since July 2018.
Eva Nygren (1955)
Board member
Eva Nygren has more than 35 years of operational experience in the building and civil engineering industry, including as Director of Investment at Swedish Transport Administration, President and CEO of Rejlers and President of Sweco Sverige. She is currently active as a professional Board member and Chairman in several stock exchange listed, private and state-owned companies in the Nordics. Nygren currently holds 3,000 shares in the company. Member of the Board of NRC Group since January 2019.
Tove Elisabeth Pettersen (1970)
Board member
Tove Elisabeth Pettersen has extensive experience from several senior management positions at Hafslund and at Bane NOR and Jernbaneverket, and since 2020 as CFO at Norwegian Red Cross. Pettersen has served on the Boards of Eidsiva Vekst, Client Computing Europe ASA, DNB Livforsikring, Infratek ASA, Klemetsrudanlegget AS and the Board of Statnett SF. Pettersen holds 5,000 shares in NRC Group and has held the position as Board member in NRC Group since May 2020.
Outi Henriksson (1969)
Board member
Outi Henriksson has an extensive senior management background from banking, transportation and telecom and has 20 years of experience as CFO, since 2017 at Aktia Bank Plc and formerly in VR Group. Ms. Henriksson serves as a Board member of Aktia Livsförsäkring AB and has served as a Board member and Chairman of the Audit committee of Adapteo Plc. Member of the Board of NRC Group since May 2021. Henriksson holds 5,000 shares in NRC Group.
Heikki Allonen (1954)
Board member
Allonen is a board professional with extensive experience from senior management and Board positions. He has in his career worked as CEO in public and listed companies like SRV Oyj, Fiskars Corporation and Patria Group for some 20 years. Mr Allonen is currently the vice-chairman of the Board of Directors of Savox Oy, board member of Nokian Tyres Plc and Port of Helsinki Oy. Mr. Allonen has previously served as Chairman of the board for the Norwegian defence company Nammo AS and as the vice-chairman of the Board of Directors of VR Group Oy. Allonen has held the position as board member in NRC Group since May 2021 and holds 28,000 shares in company.
Karin Bing Orgland (1959)
Board member
Bing Orgland has a broad financial background. During the period of 1985-2013 she held different managerial positions within the DNB Group, latest from 2009- 2013 as Group Executives Vice President Corporate and Personal Banking Norway. Since 2013, Bing Orgland has been active as a professional board member in different listed and government-owned companies. Bing Orgland is currently Chairman of the board in Entur and Board member of Storebrand ASA, Kid ASA and Eksportfinansiering Norge. Bing Orgland holds 15,000 shares in NRC Group. She has held the position as Board member in NRC Group since May 2022.