Feb 29, 2016

NRC GROUP ASA - Appointed to a contract in Sweden - SEK 73 million

The Swedish Transport Administration (Trafikverket) has appointed Svensk Järnvägsteknik AB, a company wholly owned by NRC Group ASA, to a contract of changing rails on the connection between Alingsås and Gøteborg in Sweden. In addition to changing rails, the contract involves track adjustments, catenary, signaling and electric works.

The contract is valued at approximately SEK 73 million. The work will commence in March 2016, and the project is scheduled for completion in December 2016. Closing date for submission of complaints is 10 days from Friday 26 February, and formal contractual signing can take place after this period at the earliest.

Oslo, 29. February 2016.

For further information, please contact: Øivind Horpestad, Head of the Rail division, +47 910 00 626

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

Contact us

Henning Olsen

Henning Olsen

CEO

+47 91 74 15 92

henning.olsen[at]nrcgroup.com

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