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NOK 37 million contract awarded to subsidiary
Rail Production AS, a subsidiary of ININ Group-owned Nordic Infrastructure Group, has been awarded a contract to develop a new staging area for trains at Grorud in Oslo, Norway. The project aims to realize reception capacity for a total of 14 train sets in the northern part of the Grorud Workshop facility. Rail Production’s scope…
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Acquisition of Team 1435 AS completed
ININ Group AS’ subsidiary Nordic Infrastructure Group AS has successfully completed the acquisition of 100 percent of the shares in railway contractor Team 1435 AS. Reference is made to the stock exchange announcements dated 16 January 2023 and 22 June 2023 regarding the transaction. TEAM 1435 Team 1435 is a contractor that specializes in railways…
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Subsidiary awarded NOK 37 million contract
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. Reference is made to the stock exchange announcement dated December 15th, 2023. The railway lines will be upgraded to fully automatic train control (FATC) system. Rail Production’s…
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Company update with proforma figures
Today, we have shared a company update containing proforma figures with our shareholders. This update includes details on recent acquisitions, their expected impact on ININ Group’s operations, and the proforma financial guidance for 2023. Reference is made to the stock exchange announcement dated December 13th, 2023. Company update presentation can be found here.
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ININ Group Q3 company update
ININ Group AS reports a revenue of NOK 197.5 million in this year’s third quarter, an increase of 92 percent versus this year’s second quarter (102.7) and 128 percent versus third quarter 2022 (86.7, pro-forma). EBIT was NOK 7.6 million in the third quarter 2023, compared to NOK -4.1 million in the second quarter this…
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Invitation to Q3 2023 company update
ININ invites investors, analysts, and media to a Q3 2023 company update. Date: Tuesday 21 November 2023 Time: 08:30 CET Presenters: CEO – Øivind Horpestad and CFO – Isabell Os Register for the online event at: http://bit.ly/ININ_Q3_2023 Questions can be submitted during the live webcast. The presentation material will be published at 08:00 CET on…
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Newsletter: En oppdatering fra CEO i ININ Group
Kjære medeiere, samarbeidspartnere og kolleger, Det er med glede og entusiasme jeg gir denne oppdateringen. Så langt i 2023 har det skjedd mye, såpass mye at vi mener det er på sin plass med en liten oppsummering med mål om å gi dere alle et godt innblikk i ININ Group før den kommende kvartalsoppdateringen…
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Acquisition of LAJE completed
ININ Group has today completed the acquisition of 100 percent of the shares in LAJE AS, a large regional infrastructure construction and service company in Norway. LAJE will head up ININ Group’s Power Infrastructure investment platform. Reference is made to the stock exchange announcement dated 2 August 2023 regarding ININ Group signing the share purchase…
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Acquisition of TW Gruppen completed
ININ Group AS has today successfully completed the acquisition of 70 percent of the shares in TW Gruppen AS, thereby establishing Mass Handling & Recycling as a fourth investment platform. About TW Gruppen AS ININ Group has today completed the acquisition of 70 percent of the shares in TW Gruppen. Further, ININ Group has an…
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Nordic Infrastructure Group AS acquire Be-Ma AS, a niche contractor within fibre optics, charging stations and related segments
Inin Group AS’ subsidiary Nordic Infrastructure Group AS AS acquire 100 percent of the shares in Be-Ma AS, a specialized company operating in fiber optics, EV charging stations, and related fields. “Be-Ma is a profitable company that is operating in high-growth business segments. We are pleased to add Be-Ma and its team of expert employees…