Business
ININ Group: Subsidiary awarded significant contract in Sweden
ININ Group: Subsidiary awarded significant contract in Sweden
About this update from Inin Group As
Laje AS, a subsidiary of ININ Group, has been awarded a contract by Ellevio ABfor the construction of a 170 kV power line between Tandö and Nyhusen, Sweden.The power line will stretch approximately 31 kilometers and include around 192pole positions, with four steel poles and the rest made of wood. The contractisvalued at SEK 94 million and is expected to be completed by January 31, 2027."This contract win is a testament to our ongoing efforts to strengthen ourpresence in the Swedish market" says Anders Granshagen, CEO of Qben Power.ININ Group AS is listed on Euronext Growth Oslo. The company's majorityshareholder, Qben Infra AB, is listed on Nasdaq First North Premier GrowthMarket in Stockholm, Sweden. (ENDS)For further information, please contact:Øivind Horpestad, CEO of Inin Group AS, Tel: +47 910 00 626About ININ Group ASININ Group is a listed investment company operating as an industrial ownerwithinvestments in companies within infrastructure and industry services niches inthe Nordics. The group create value by identifying investment opportunitieswithin profitable niches with potential for development, consolidation andgrowth, working in collaboration with the platform companies to deliversustainable growth and superior profitability. For more information, pleasevisit: www.inin.nohttps://newsweb.oslobors.no/message/644055