19 April 2024 - Team 1435 AS, which is part ofInin Group's Rail Infrastructure platform, has been awarded a contract byBane NOR SF to conduct maintenance work on the railway lines in Trøndelag county inNorway . Approximately 19,000 railway sleepers along the Dovre, Røros and Nordland railway lines in Trøndelag county will be replaced. Team 1435 will also weld and neutralize approximately 20 kilometres of railway line, conduct track adjustments, and replace 3.5 kilometres of track ballast. The sleeper replacement work also involves the delivery of services related to signalling and catenary railway lines. The value of the contract isNOK 37 million . The work will commence immediately and is planned to be finalised bymid-October 2024 . Team 1435 specializes in railway 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 upInin Group's rapidly growing Rail Infrastructure platform. Euronext Growth-listedInin Group is the majority owner ofNordic Infrastructure Group . (ENDS) For further information, please contact: Øivind Horpestad, CEO ofInin Group , Tel: +47 910 00 626 AboutInin 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
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