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Instalco Secures Major Contract for NRK’s New Broadcasting Facility in Oslo

Story Highlights
  • Instalco’s Lysteknikk AS will handle electrical installations for NRK’s new Oslo headquarters.
  • The project highlights Instalco’s expertise in energy-efficient and sustainable solutions.
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Instalco Secures Major Contract for NRK’s New Broadcasting Facility in Oslo

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Instalco AB ( (SE:INSTAL) ) has shared an announcement.

Instalco’s subsidiary, Lysteknikk AS, has secured a contract for the electrical installations at NRK’s new radio and TV broadcasting headquarters in Oslo, a project led by general contractor Hent AS. Scheduled for completion in 2029, this technologically advanced facility will replace NRK’s outdated premises and is expected to incorporate energy-efficient and sustainable solutions, enhancing Instalco’s industry positioning and showcasing its expertise in complex projects.

The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK27.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.

More about Instalco AB

Instalco is a leading installation company in Northern Europe, specializing in electrical, heating & plumbing, ventilation, industrial solutions, and technical consulting. The company operates through over 150 subsidiaries across Sweden, Norway, Finland, and Germany, offering system design, installation, and service & maintenance for buildings and facilities. Instalco is listed on Nasdaq Stockholm under the ticker INSTAL.

Average Trading Volume: 477,775

Technical Sentiment Signal: Sell

Current Market Cap: SEK7.18B

See more data about INSTAL stock on TipRanks’ Stock Analysis page.

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