Archives: news

  • Subsidiary to acquire railway contractor in Northern Norway

    ININ Group’s subsidiary Nordic Infrastructure Group AS has agreed to the principal terms of an agreement to acquire 100 percent of the shares in Northern Norway based Nordnes Narvik AS – a specialist railway contractor in the region. ABOUT NORDNES NARVIK AS Nordnes Narvik AS has established itself as a key player in the railway…

  • Launch of share exchange offer directed to selected shareholders in ININ Group AS and start of offer period

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN THE AUSTRALIA, BELARUS, CANADA, HONG KONG, INDIA, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SWITZERLAND, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Reference is made to the announcement on…

  • Subsidiary to acquire public transport infrastructure specialist

    ININ Group’s subsidiary Nordic Infrastructure Group AS has agreed to the principal terms of an agreement to acquire 100 percent of the shares in Norway-based Trasé AS – a specialist within construction and maintenance of public transport infrastructure. The planned acquisition will further strengthen Nordic Infrastructure Group’s position in the railway and tramway segments and…

  • Railpro chosen for 110 MNOK railway contract

    Rail Production AS, a subsidiary of Inin Group-owned Nordic Infrastructure Group, has today been conditionally awarded a NOK 110 million contract to conduct preparatory work for the future ERTMS signalling system on the railway between Hokksund and Kristiansand in Norway. Rail Production AS will deliver the project as part of a joint venture with Gjermundshaug…

  • Team 1435 awarded NOK 37 million contract

    Team 1435 AS, which is part of Inin Group’s Rail Infrastructure platform, has been awarded a contract by Bane NOR SF to conduct maintenance work on the railway lines in Trøndelag county in Norway. Approximately 19,000 railway sleepers along the Dovre, Røros and Nordland railway lines in Trøndelag county will be replaced. Team 1435 will…

  • Nordic Infrastructure Group acquires railway contractor Banefjell AS

    Nordic Infrastructure Group AS has today signed the share purchase agreement to acquire 100 percent of the shares in railway contractor Banefjell AS. Reference is made to the stock exchange announcement dated 4 July 2023 regarding the planned acquisition. “The acquisition of Banefjell strengthens Nordic Infrastructure Group’s position in south-west Norway, and will enable us…

  • Nordic Infrastructure Group acquires railway signalling experts, SLAM Jernbaneteknikk

    Nordic Infrastructure Group has today signed the share purchase agreement to acquire 100 percent of the shares in Norwegian railway contractor SLAM Jernbaneteknikk AS. Reference is made to the stock exchange announcement dated 4 July 2023 regarding the acquisition, which will reinforce Nordic Infrastructure Group’s already strong position in the Norwegian market within construction, maintenance…

  • Q4 2023 Company update and financial results

    ININ Group with strong revenue growth, revenue in Q4 2023 up 394% compared to Q4 2022, full year 2023 revenue growth of 929%, NOK  682 million (MNOK65). Net asset value (NAV) of ININ Group’ investment platforms was NOK 525 million at the end of the fourth quarter 2023, up from NOK 320 million. The Q4…

  • Invitation to Q4 2023 company update

    ININ invites investors, analysts, and media to a Q4 2023 results and company update Date: Wednesday 28 February 2024 Time: 08:30 CET Presenters: CEO – Øivind Horpestad Register for the online event at: https://bit.ly/ININ_Q4_2023 Questions can be submitted during the live webcast through a Q&A function. The presentation material will be published at 08:00 CET…

  • Team 1435 awarded winter season contract

    Team 1435 AS, which is part of Inin Group’s Rail Infrastructure platform, has been awarded a contract to conduct forest clearing along the Dovre, Rauma and Røros railway lines in central Norway. The contract is valid for one year with two one-year options (1+1+1) and is expected to generate annual revenue of approximately NOK 11…