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NRC Group ASA ( (NNRRF) ) has issued an update.
NRC Group’s Swedish subsidiary has been awarded a SEK 61 million contract by the Swedish Transport Administration to carry out track renewal in Bräcke on the Mitt- and Ådalsbanan railway lines. The project covers work on track, switches, electro, and signal/telecom systems, with execution scheduled from May to October 2026.
The award reinforces NRC Group’s position in the Swedish rail infrastructure market by adding a sizeable, time-bound project to its order book. Formal signing can occur after a 10-day complaint period, meaning finalization is still subject to regulatory procedures, but the mandate signals continued demand for NRC’s rail renewal expertise and supports future revenue visibility.
More about NRC Group ASA
NRC Group ASA is a Nordic infrastructure company specializing in rail construction, maintenance, and related civil engineering services. Through its Swedish subsidiary NRC Group Sverige AB, the group focuses on rail infrastructure projects such as track renewals, signaling, and electro-technical work for public transport authorities and infrastructure owners.
YTD Price Performance: -15.54%
Average Trading Volume: 558,338
Current Market Cap: NOK1.38B
Find detailed analytics on NNRRF stock on TipRanks’ Stock Analysis page.