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NRC Group Finland Secures Major Track Construction Contract

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NRC Group Finland Secures Major Track Construction Contract

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NRC Group ASA ( (NNRRF) ) just unveiled an update.

NRC Group Finland, a subsidiary of NRC Group ASA, has secured a EUR 13.2 million contract from the Finnish Transport Infrastructure Agency for track construction in Jyväskylä, Finland. The project, set to begin in February 2025 and conclude by November 2025, signifies a strategic enhancement of NRC’s infrastructure capabilities in Finland and reinforces its market position in the Nordic rail services sector.

More about NRC Group ASA

NRC Group ASA operates in the infrastructure sector, focusing on track construction and related rail services. The company primarily serves the Nordic market, offering services such as electro, signal, and groundworks.

YTD Price Performance: -13.26%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $64.09M

Learn more about NNRRF stock on TipRanks’ Stock Analysis page.

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