ININ Group AS: Subsidiary awarded contract

03 Feb 2025 16:00 CET

3 February 2025 – ININ Group’s wholly owned subsidiary Hadeland Elektro AS has
been awarded a contract to deliver electrotechnical and signalling work at
Majorstuen station in Oslo, Norway.

The contract is valued at NOK 28.5 million. The work will be performed during
2025 and Q1 2026.

Hadeland Elektro will deliver the work as a subcontractor to a main contractor.
The company will also be supported by its sister company Rail Production AS.

Hadeland Elektro is part of the Qben Rail investment platform.

Hadeland Elektro is an electrical contractor that delivers complete
electrotechnical solutions for construction and infrastructure projects,
including the energy, rail and road sectors. The company possesses all necessary
approvals for high and low voltage work for the rail industry, and also performs
inspection work of high-voltage grids. The company’s customers are mainly
private construction contractors and public infrastructure owners and operators.


ININ Group AS is listed on Euronext Growth Oslo. The company’s majority
shareholder, Qben Infra AB, is listed on Nasdaq First North Premier Growth
Market in Stockholm, Sweden.

(ENDS)

For further information, please contact:
Øivind Horpestad, CEO of Inin Group AS, Tel: +47 910 00 626

About ININ 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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