Why invest

A leading Nordic infrastructure specialist with a strategic market positioning, and a clear pat to 10BN revenue and 5% EBIT by 2025. 

OSE: NRC
Live share price
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Why Invest in NRC Group?

Strategically positioned at the intersection of infrastructure and sustainability. NRC Group ASA is a leading Nordic infrastructure specialist with a strong position within railway and transport-related infrastructure.

Our business

We are a listed Nordic infrastructure company operating across Norway, Sweden and Finland through five business areas: Rail, Civil, Maintenance, Machine and Special Operations. We deliver complex, critical infrastructure projects for public and private clients, contributing to the development of safe, efficient and sustainable transport systems throughout the Nordic region.

As a Nordic company, we combine shared cross-Nordic expertise and know-how with a strong local market presence. Our business is built on long-term societal needs, high technical competence and a disciplined, project-based business model focused on profitability, risk control and value creation.

We offer strong in-house design expertise combined with a comprehensive partner network, enabling cost-effective and high-quality project delivery. We are also highly experienced in alliance operations, where success depends on close collaboration between clients, partners and project teams.

Our markets

NRC Group is entering a phase of focused, profitable growth supported by strengthened execution discipline, a clear strategic direction and a favourable long-term market outlook driven by increased public infrastructure investments.

The National Transport Plan (NTP) 2025–2036 outlines total state funding for the Norwegian rail sector of approximately NOK 436 billion to improve capacity and reduce maintenance backlogs, supported by similar long-term infrastructure investment programmes across the Nordic region.

Strategy 2028: The Roadmap to 10BN

Formula One strategy

A focused execution strategy centred on disciplined project selection, strong cost and risk control, and profitable growth in core Nordic infrastructure markets. Our operations are built on disciplined project execution, strong governance and deep technical expertise across multiple infrastructure disciplines.

Operational excellence at NRC Group is driven by the following success factors:

Building excellence

Leveraging agility to ensure high-quality execution, reliable delivery and strong customer value.

Building efficiency

Developing a unified, digital and cost-effective Nordic operating model to strengthen scalability and cost control.

Building culture

Building a strong, shared performance culture across the Nordics focused on collaboration, accountability and continuous improvement.

This is what we build

We take great pride in our projects. Take a sneak peek and understand why.

View our projects

We are executing a clear strategy to improve margins, reduce risk, and enhance capital efficiency, supporting more stable earnings and long-term shareholder returns.

Anders Gustafsson, CEO NRC Group

Sustainability

Driving the Nordic green transition through responsible infrastructure development
-21%
Total GHG emissions reduction - 2025
73%
Recycling rate - 2025
20%
Taxonomy aligned revenue - 2025
2.1
LTI-Rate - 2025

Strong adressable market

Long-term growth visibility

NRC Group operates in a large and resilient Nordic infrastructure market, supported by long-term public investment plans and strong underlying demand driven by the green transition.

Structural drivers such as increased focus on sustainable transport, maintenance backlog, and upgrades of existing rail infrastructure provide solid long-term visibility. This creates a sizeable and stable addressable market, supporting disciplined and profitable growth.

Stange