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ListaEuronext Growth Oslo
IndustriElektronisk utrustning
Inin Group är ett investeringsbolag som är verksamt som industriell ägare med investeringar i bolag inom infrastruktur- och industriservicenischer i Norden. Koncernen skapar värde genom att identifiera investeringsmöjligheter inom nischer med potential för utveckling, konsolidering och tillväxt, bolaget arbetar i samarbete med sina plattformsbolag för att uppnå detta.
2023-12-15 11:50:30
15 December 2023 - Rail Production AS, a subsidiary of Inin Group-owned Nordic
Infrastructure Group, has been awarded a NOK 37 million contract to conduct
upgrade work on the railway lines in Oslo, Norway.

The railway lines will be upgraded to fully automatic train control (FATC)
system. Rail Production's scope of work includes removal and installation of
signs and electronic transponders (balises) on the railway tracks, relocation of
pre-signalling systems, cable laying, and modification of the NSI-63 railway
signalling system.

Automatic Train Control (ATC) is a general class of train protection system for
railways that includes a speed control mechanism that responds to external

"This is a substantial project where we look forward to applying our market
leading signalling system expertise. We will capitalise on the competence and
manpower synergies we have available within Nordic Infrastructure Group to
deliver this project on time and on budget," says Gjermund Sogn, CEO of Nordic
Infrastructure Group, which is the parent company of Rail Production AS.

The project includes the upgrade of three railway lines in Oslo: 1) The main
railway line between Brobekk and Grorud, 2) the freight train track between
Loenga and Alnabru, and 3) the main railway line between Oslo Central Station
and Brobekk.

Rail Production AS will deliver the work as a subcontractor to Norwegian railway
operator Bane Nor. The work will start early in 2024 and is expected to be
concluded during the summer of 2025.

Nordic Infrastructure Group delivers entrepreneurial services as well as tools
and equipment to the railway and tramway industries