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NRC Group Faces Contract Cancellation Due to Financing Issues

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NRC Group Faces Contract Cancellation Due to Financing Issues

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The latest update is out from NRC Group ASA ( (NNRRF) ).

NRC Norge AS, a subsidiary of NRC Group ASA, was previously awarded a civil contract by Nordreisa Municipality for ground, foundation, and construction work. However, the contract has been cancelled due to insufficient financing, impacting NRC’s project pipeline and potentially affecting its financial outlook.

More about NRC Group ASA

Average Trading Volume: 627,060

Current Market Cap: NOK1.22B

For detailed information about NNRRF stock, go to TipRanks’ Stock Analysis page.

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