NRC Group Finland secures major rail contract extension valued up to €80m

NRC Group ASA announced that its wholly-owned subsidiary, NRC Group Finland, has secured a two-year option for a frame contract with the Finnish Transportation Infrastructure Agency. This extension, valued between €50 million and €80 million, covers the procurement, logistics, and warehousing of railway-specific materials in Finland.

The work for this option period is scheduled to commence in January 2027 and conclude by December 2028. This represents the first two-year extension under an original material service contract initially signed in 2021, with an additional two-year option from 2029-2030 still remaining.

chief executive Anders Gustafsson highlighted this as an important milestone for the company's Material division in Finland, crediting the team's consistent performance. This information is considered inside information under the EU Market Abuse Regulation.