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NRC Group Secures Major Railway Contract

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NRC Group Secures Major Railway Contract

NRC Group ASA ( (NNRRF) ) has provided an announcement.

NRC Norge AS, a subsidiary of NRC Group ASA, has been awarded a NOK 463 million contract by Bane NOR for the rehabilitation and upgrading of Melhus and Ler railway stations. This project, starting in March 2025 and concluding in July 2028, signifies a significant operational engagement for NRC Group, potentially enhancing its market position in the Nordic rail infrastructure sector.

More about NRC Group ASA

NRC Group ASA operates in the infrastructure industry, focusing on rail services, including track, electro, signal/telecom, and groundwork. The company is known for its expertise in railway construction and maintenance, serving various market needs in the Nordic region.

YTD Price Performance: -0.93%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $73.51M

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

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