NRC Group ASA – Appointed to a contract in Finland – EUR 25 million

Tampere Tramway Oy and the City of Tampere have appointed NRC Group Finland, a company wholly owned by NRC Group ASA, to a contract for tramway related work in Finland.

The contract is an extension of the ongoing alliance contract where NRC Finland’s share of the extension is valued at approximately EUR 25 million. The alliance consists of NRC Group Finland, YIT, Sweco and AFRY.

The alliance parties will jointly build a new tramline between Santalahti and Lentävänniemi in Southern Finland (Tampere) and will involve construction of double tram tracks, tram stops, power supply stations and bridges. The work will commence in January 2022 and the project is scheduled for completion in December 2024.

“We are very pleased to continue our collaboration with the alliance in the second phase. The alliance is an experienced team and committed to deliver new sustainable solutions to the City of Tampere. This extension demonstrates our strong position in Finland and our unique competencies within light rail projects”, says Henning Olsen, CEO of NRC Group.

For further information, please contact Henning Olsen, CEO of NRC Group, + 47 91 74 15 92.

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.

The stock exchange announcement was published by Cecilie Blaauw Cock, Marketing & Communication, NRC Group ASA.