Inin Group AS: Subsidiary awarded frame agreement

28 April 2023 - A subsidiary of Inin Group-owned Nordic Infrastructure Group AShas been awarded a frame agreement by Vestland County Council in Norway for theprovision of various consultancy and project management services.Under the frame agreement, Nordic Infrastructure Group's wholly owned subsidiaryKonvei AS can be asked to provide consultancy services within analysis anddevelopment of route network and mobility offering within Vestland County. Tasksin this category can be linked to various means of transport, including bus,boat, ferry, various mobility solutions and micromobility. In addition, Konveican provide project management support to deliver the above-mentioned services.Konvei AS delivers training, management and consulting services for the road,rail, construction, and civil engineering sectors.The frame agreement is valid for two years plus two one-year options (2+1+1).Potential revenue generated from the frame agreement depends on the projectvolume decided by Vestland County Council and successful tender bids forspecific projects."This frame agreement puts us in position to work on exciting transportation andinfrastructure projects in Vestland County," says Gjermund Sogn, CEO of NordicInfrastructure Group.Nordic Infrastructure Group, which is wholly owned by Inin Group, has a rapidlygrowing presence in the Norwegian and Swedish infrastructure markets.

Throughits subsidiaries, the group delivers entrepreneurial services as well as toolsand equipment to the railway and tramway industries; training, management andconsulting services for the road, rail, construction, and civil engineeringsectors; and accommodation services to the construction industry.(ENDS)For further information, please contact:Oivind Horpestad, CEO of Inin Group, Tel: +47 910 00 626About Inin Group ASInin Group is an industrial owner that invests into companies withininfrastructure and industry services niches in the Nordics.

The group aims tocreate value by identifying investment opportunities within profitable nicheswith potential for development, consolidation and growth, working incollaboration with portfolio companies to deliver sustainable growth andsuperior profitability.Click here for more information(C) Oslo Bors ASA, source Oslo Stock Exchange