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NRC Group ASA ( (NNRRF) ) has provided an update.
NRC Group ASA’s subsidiary, NRC Group Sverige AB, has been awarded a significant contract by the Swedish Transport Administration for a catenary upgrade on the railway line between Bräcke and Bispgården, valued at approximately SEK 529 million. This contract, which includes options worth SEK 620 million and SEK 670 million, is expected to bolster NRC Group’s position in the Swedish rail infrastructure market, supporting long-term growth and enhancing its existing maintenance operations in the region.
More about NRC Group ASA
NRC Group ASA operates in the rail infrastructure industry, providing services such as track, electro, groundwork, and catenary work. The company focuses on delivering high-quality rail solutions and expanding its operations, particularly in central Sweden.
YTD Price Performance: 90.53%
Average Trading Volume: 554,980
Current Market Cap: NOK1.55B
For detailed information about NNRRF stock, go to TipRanks’ Stock Analysis page.