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NRC Group Secures SEK 154 Million Contract for East Link Railway Project

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NRC Group Secures SEK 154 Million Contract for East Link Railway Project

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

NRC Group Sverige AB, a subsidiary of NRC Group ASA, has secured a contract worth approximately SEK 154 million for preparatory work on the East Link railway project outside Järna. This contract, which involves rail services, is set to begin in March 2025 and finish in the first quarter of 2028, potentially strengthening NRC Group’s position in the railway infrastructure sector.

More about NRC Group ASA

NRC Group ASA operates in the construction and infrastructure industry, primarily focusing on rail services including track, electro, and signal/telecom solutions. The company is involved in projects that enhance transportation infrastructure, contributing to the development of efficient railway systems.

YTD Price Performance: -6.78%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $84.35M

For a thorough assessment of NNRRF stock, go to TipRanks’ Stock Analysis page.

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