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Rail Production AS Secures Major Oslo Railway Contract

Story Highlights
  • Rail Production AS secured a NOK 40 million railway maintenance contract in Oslo.
  • The project involves collaboration within Nordic Infrastructure Group, enhancing market positioning.
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Rail Production AS Secures Major Oslo Railway Contract

The latest announcement is out from Elop AS ( (DE:72G) ).

Rail Production AS, part of the Nordic Infrastructure Group under ININ Group, has secured a NOK 40 million contract for railway maintenance in Oslo. This project, scheduled during a five-week summer shutdown, involves collaboration with sister companies and is expected to enhance the group’s market positioning in the Nordic infrastructure sector.

More about Elop AS

ININ Group AS is a listed investment company specializing in infrastructure and industry services niches in the Nordics. The company focuses on identifying investment opportunities within profitable niches and collaborates with platform companies to achieve sustainable growth and superior profitability.

YTD Price Performance: 12.94%

Average Trading Volume: 2,666

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €29.79M

See more insights into 72G stock on TipRanks’ Stock Analysis page.

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