Mar 07, 2017

NRC GROUP ASA - APPOINTED TO A CONTRACT IN SWEDEN - SEK 89 MILLION

Trafikverket in Sweden has appointed Segermo Entreprenad AB, a company wholly owned by NRC Group ASA, to a contract for ground and track related work on the connection between Pölsebo - Skandiahamnen in Gothenburg.

The contract is the first sub-project announced on the major Gothenburg Port Line project which is one of Sweden's most important railway links. An expansion of the line to double-track is required in order to increase both the share of rail traffic and the total share of goods traffic.

The contract is valued at approximately SEK 89 million. The work will commence in April 2017, and the project is scheduled for completion in June 2018.

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: 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.

Contact us

Henning Olsen

Henning Olsen

CEO

+47 91 74 15 92

henning.olsen[at]nrcgroup.com

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