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 million. Should the optional contract periods be exercised, the agreement is worth approximately NOK 33 million over a three-year period. The client is Bane NOR.
The work for the 2024 forest clearing campaign will commence immediately.
“The forest clearing work will be conducted during the winter period, which is typically a low activity season for us. It is a nice, low-risk contract that ensures improved workforce utilisation for us,” says Ove Fauskrud, managing director of Team 1435.
Team 1435 specializes in railways superstructures and substructures as well as rail security. The company supplies contractor services, project and construction management, logistics and security services as well as professional services to the industry.
Team 1435 is a wholly owned subsidiary of Nordic Infrastructure Group AS, which heads up Inin Group’s rapidly growing Rail Infrastructure platform.
