Brief: Nyab Signs Collaboration Agreement For Tramway Project In Uppsala

NYAB AB

05/08/2025 10:01

Aug 5 (Reuters) - Nyab AB NYAB.ST:

SIGNS COLLABORATION AGREEMENT FOR MAJOR TRAMWAY PROJECT IN UPPSALA

TOTAL VALUE OF PHASE 1 IS ESTIMATED AT SEK 150–200 MILLION (EUR 13–18 MILLION) FOR THE JOINT VENTURE COMPANY

ASSIGNMENT WILL BE CARRIED OUT THROUGH AN INTEGRATED JOINT VENTURE BETWEEN NYAB AND AZVI, WITH EACH PARTY HOLDING A 50 PERCENT SHARE

THROUGH THIS AGREEMENT, NYAB IS ALSO WELL POSITIONED TO RECEIVE ORDER FOR PHASE 2 OF PROJECT

PHASE 2 IS ESTIMATED TO HAVE A TOTAL VALUE OF APPROXIMATELY SEK 5 BILLION (EUR 447 MILLION) FOR JOINT VENTURE COMPANY

Source text: ID:nWkr82CfWS

Further company coverage: NYAB.ST

 (Gdansk Newsroom)

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