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Hadeland Elektro Secures NOK 27 Million Contract for Fornebubanen Project

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Hadeland Elektro Secures NOK 27 Million Contract for Fornebubanen Project

An update from Elop AS ( (DE:72G) ) is now available.

Hadeland Elektro, a part of the Nordic Infrastructure Group, has secured a subcontract with Malthe Winje for the electrical installation of six underground rectifier stations on the Fornebubanen project, valued at NOK 27 million, scheduled for completion between 2025 and 2026. This contract signifies a strategic move for ININ Group AS, enhancing its position in the Nordic infrastructure sector and potentially offering significant growth opportunities for its stakeholders.

More about Elop AS

ININ Group AS is a listed investment company focused on infrastructure and industry services niches in the Nordics. The company aims to create value through identifying profitable investment opportunities with potential for development, consolidation, and growth, working alongside platform companies to achieve sustainable growth and superior profitability.

YTD Price Performance: 10.59%

Average Trading Volume: 5,825

Technical Sentiment Signal: Buy

Current Market Cap: €28.63M

For a thorough assessment of 72G stock, go to TipRanks’ Stock Analysis page.

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