tiprankstipranks
NRC Group ASA Wins SEK 83 Million Railway Contract in Sweden
Company Announcements

NRC Group ASA Wins SEK 83 Million Railway Contract in Sweden

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

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.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App