The latest announcement is out from Elop AS ( (DE:72G) ).
Nordic Infrastructure Group AS, a subsidiary of ININ Group AS, has acquired Nordnes Narvik AS, a specialist railway contractor in Northern Norway, for NOK 17.8 million. This acquisition will integrate Nordnes Narvik into ININ Rail, potentially strengthening ININ Group’s position in the railway construction industry in the region by leveraging Nordnes Narvik’s established presence and expertise.
More about Elop AS
ININ Group AS is a listed investment company focused on infrastructure and industry services in the Nordics. It operates by identifying investment opportunities in profitable niches, aiming for development, consolidation, and growth alongside platform companies to achieve sustainable growth and superior profitability.
YTD Price Performance: 8.19%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €28.27M
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