# NRC Group ASA Wins €6.5 Million Expansion on Turku Tramway Project

- URL: https://stocks.freetheai.org/news/nrc-group-asa-wins-6-5-million-expansion-on-turku-tramway-project-422df1
- Published: 2026-10-14T06:55:00Z
- Category: company_news; sentiment: bullish; impact: low
- Symbols: [OSL:NRC](https://stocks.freetheai.org/symbols/OSL-NRC)
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NRC Group ASA (OSL:NRC) has secured an estimated 6.5 million euro share of a scope expansion for Phase 1 of the Turku tramway project. The total project scope addition, valued at 14 million euros, was approved by Turku Tramway Ltd and the City of Turku. The work covers specialized archaeology and conservation activities.

The contract extension builds on the infrastructure company's existing light rail operations in Finland, bringing incremental revenue to a project that was previously awarded. In recent trading, NRC Group ASA shares were down 0.70% at 9.87 NOK.

Going forward, key developments to monitor include potential contract decisions on subsequent project phases and any high-value contract additions with clear financial timing and profit margin figures.

## Key points

- NRC Group ASA secured an estimated 6.5 million euros in additional scope for the Turku tramway project.
- The total approved scope change for Phase 1 of the light rail contract is worth 14 million euros.
- The newly added work focuses on specialized archaeology and conservation activities in Finland.
- NRC Group ASA shares traded down 0.70% at 9.87 NOK following the announcement.

## Questions and answers

### How much is NRC Group ASA's share of the Turku tramway scope change?

NRC Group ASA's estimated share of the Phase 1 scope change is 6.5 million euros out of a total 14 million euro expansion.

### What does the new Turku tramway project work involve?

The additional work scope for Phase 1 of the Turku tramway project involves archaeology and conservation tasks.