Brief: NRC Group Appointed To Light Rail Alliance Contract In Finland

NRC ASA

21/03/2024 06:05

March 21 (Reuters) - NRC Group ASA  NRC.OL :
    * APPOINTED TO A LIGHT RAIL ALLIANCE CONTRACT IN FINLAND
    * TURUN RAITIOTIE OY HAS SELECTED NRC GROUP FINLAND, A
COMPANY
WHOLLY OWNED BY NRC GROUP ASA, AND GRK SUOMI OY AS CONSTRUCTION
PARTIES IN NEW TURKU ALLIANCE, AS WELL AS DESIGN FIRMS RAMBOLL
FINLAND OY AND SWECO FINLAND OY
    * DEVELOPMENT PHASE WILL START IN APRIL 2024
    * CONSTRUCTION OF TRAMWAY WILL TAKE PLACE BETWEEN 2026 AND
2031
    * CURRENT TARGET COST ESTIMATE FOR ALLIANCE CONTRACT IS
APPROXIMATELY EUR 344 MILLION
    * CONSTRUCTION SCHEDULE WILL BECOME MORE PRECISE DURING
DEVELOPMENT PHASE OF ALLIANCE
    * GOAL IS TO HAVE PLAN APPROVED FOR CONSTRUCTION PHASE BY
COUNCIL
OF TURKU DURING AUTUMN OF 2025

Source text for Eikon:  ID:nWkrbQWgML 
Further company coverage:  NRC.OL 

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