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NRC Group ASA Wins SEK 83 Million Railway Contract in Sweden

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NRC Group ASA Wins SEK 83 Million Railway Contract in Sweden

NRC Group ASA ( (NNRRF) ) just unveiled an announcement.

NRC Group Sverige AB, a subsidiary of NRC Group ASA, has secured a contract from the Swedish Transport Administration to rehabilitate and upgrade the railway line between Borlänge and Falun. The project, valued at approximately SEK 83 million, is set to commence in February 2025 and aims for completion by July 2026, potentially enhancing NRC Group’s position in the Nordic rail infrastructure market.

More about NRC Group ASA

NRC Group ASA is involved in the construction and infrastructure industry, focusing on rail services including track, electro, signal/telecom, and groundwork.

YTD Price Performance: -12.56%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $64.48M

See more insights into NNRRF stock on TipRanks’ Stock Analysis page.

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