NRC Group ASA – Appointed to major railway contract in Sweden – SEK 529 million
The Swedish Transport Administration has appointed NRC Group Sverige AB, a company wholly owned by NRC Group ASA, to a contract for the catenary upgrade on the railway line between Bräcke and Bispgården.
The contract is valued at approximately SEK 529 million. The contract also includes two contract options valued at approximately SEK 620 million and SEK 670 million, respectively.
The scope of work includes rail services such as track, electro, groundwork and catenary, with catenary being the largest component. The work is scheduled to commence in March 2026 and is scheduled for completion in November 2028.
“Securing this major rail infrastructure contract in Sweden marks a significant milestone. It provides a solid platform for us to expand and strengthen together with our maintenance operations already in place in central Sweden. This contract positions us well for long-term growth and continued delivery of high-quality rail solutions”, says Anders Gustafsson, CEO, NRC Group ASA.
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: Åsgeir Nord, CFO of NRC Group, (+47) 957 34 985.
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.