Brief: Inin Group Subsidiary Gets Contract Worth NOK 33 Mln

Inin AS

02/02/2024 09:29

Feb 2 (Reuters) - Inin Group AS  ININ.OL :
    * SUBSIDIARY AWARDED WINTER SEASON CONTRACT
    * TEAM 1435 AS, WHICH IS PART OF ININ GROUP'S RAIL
INFRASTRUCTURE
PLATFORM, HAS BEEN AWARDED A CONTRACT
    * CONTRACT IS VALID FOR ONE YEAR WITH TWO ONE-YEAR OPTIONS
(1+1+1)
AND IS EXPECTED TO GENERATE ANNUAL REVENUE OF ABOUT NOK 11
MILLION
    * SHOULD OPTIONAL CONTRACT PERIODS BE EXERCISED, AGREEMENT
IS
WORTH ABOUT NOK 33 MILLION OVER A THREE-YEAR PERIOD
    * CLIENT IS BANE NOR
    * WORK FOR 2024 FOREST CLEARING CAMPAIGN WILL COMMENCE
IMMEDIATELY.

Source text for Eikon:  ID:nObivHmSfa 
Further company coverage:  ININ.OL 

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