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The latest announcement is out from Nordisk Bergteknik AB Class B ( ($SE:NORB.B) ).
Nordisk Bergteknik has announced the establishment of a new business area called Mining, which aims to offer a comprehensive range of services to the mining industry. This strategic move is intended to consolidate and strengthen its position as a leading partner in the mining sector, leveraging its extensive experience, skilled workforce, and modern machinery. The new business area will initially include Protek Norr and Power Mining, and aims to serve the Nordic region’s mining industry with plans for geographic expansion. The company anticipates increased growth and profitability through this initiative, driven by the significant development potential in the mining industry and the need for robust mining production in Europe.
The most recent analyst rating on ($SE:NORB.B) stock is a Hold with a SEK15.50 price target. To see the full list of analyst forecasts on Nordisk Bergteknik AB Class B stock, see the SE:NORB.B Stock Forecast page.
More about Nordisk Bergteknik AB Class B
Nordisk Bergteknik is a company specializing in rock handling and foundation solutions, with a focus on contributing to sustainable societal development. The company operates primarily in Sweden and Finland, providing services that combine demand with natural conditions, and is involved in the early stages of building modern societal functions.
Average Trading Volume: 47,604
Technical Sentiment Signal: Buy
Current Market Cap: SEK812.8M
See more insights into NORB.B stock on TipRanks’ Stock Analysis page.