Rail Production AS Secures Major Holmenkollbanen Upgrade Contract

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Rail Production AS Secures Major Holmenkollbanen Upgrade Contract

Elop AS ( (DE:72G) ) has issued an update.

Rail Production AS, a subsidiary of Nordic Infrastructure Group, has secured a contract valued at approximately 27 million NOK for significant upgrades on the Holmenkollbanen railway line, including sleeper and rail replacements, track upgrades, and renewal of level crossings. This contract, awarded by Sporveien, highlights the company’s operational capabilities and strengthens its position in the Nordic infrastructure sector, potentially benefiting stakeholders through enhanced service delivery and infrastructure improvements.

More about Elop AS

ININ Group AS is a listed investment company that operates as an industrial owner with investments in infrastructure and industry services niches across the Nordics. The group focuses on creating value by identifying investment opportunities within profitable niches with potential for development, consolidation, and growth, collaborating with platform companies to achieve sustainable growth and superior profitability.

YTD Price Performance: -29.41%

Average Trading Volume: 5,825

Technical Sentiment Signal: Buy

Current Market Cap: €27.37M

Find detailed analytics on 72G stock on TipRanks’ Stock Analysis page.

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