ININ Group: Subsidiary awarded significant contract for temporary track installation

13 May 2025 - Trasé AS, a subsidiary of Nordic Infrastructure Group, has been awarded a contract by Sporveien AS for the installation of a temporary double track in Josefines gate. The contract is valued at NOK 43.8 million.

The project includes the installation of two track switches in Hegdehaugsveien and a track connection in the roundabout at Bislett stadium. The scope of work encompasses track construction, water and sewage works, establishment of power supply and grounding systems, contact line works, and surface works.

The work is scheduled to commence in August 2025, with expected completion in January 2026.

Gjermund Sogn, CEO of Nordic Infrastructure Group, commented: "This is an important strategic project for both Trasé and us at NI Group. Trasé's sister companies, such as Hadeland Elektro and SLAM, will also be involved in the project."

ININ Group AS is listed on Euronext Growth Oslo. The company’s majority shareholder, Qben Infra AB, is listed on Nasdaq First North Premier Growth Market in Stockholm, Sweden.

(ENDS)

For further information, please contact:
Patrik Egeland, CFO
Email: patrik.egeland@qben.se

About ININ Group AS
ININ Group is a listed investment company operating as an industrial owner with investments in companies within infrastructure and industry services niches in the Nordics. The group create value by identifying investment opportunities within profitable niches with potential for development, consolidation and growth, working in collaboration with the platform companies to deliver sustainable growth and superior profitability. For more information, please visit: www.inin.no