NRC Group ASA - Appointed to a light rail contract in Finland first phase EUR 12 million
Finland, May 19 -- Turku Tramway Ltd and the City of Turku have appointed NRC Group Finland, a company wholly owned by NRC Group ASA ("NRC") and GRK Finland as construction parties for the first phase of the Turku tramway project. The project will be implemented in two phases. The cost estimate for the first phase is approximately EUR 33 million, of which NRC's share is approximately EUR 12 million. The total estimated cost of the Turku tramway project (phases one and two) is EUR 465.2 million, of which NRC's share is approximately EUR 190 million. The first phase contract includes the construction of a public transport corridor in Turku. During this phase, the Turku Cathedral Bridge (Tuomiokirkkosilta) and the adjacent streets between Hame...
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