Nominated for rail upgrade agreement by Bane NOR SF

Multiconsult (OSE: MULTI)
Multiconsult Norge AS has been nominated for a contract to enhance railway capacity of Vossebanen and Bergensbanen lines.The project involves a range of tasks aimed at improving efficiency and capacity between Voss and Myrdal, including:

• New passing tracks: Planned at Ygre and Vieren stations.
• Passing track extensions: Planned at Urdland and Mjølfjell stations.
• Further options include a passing track project at Ustaoset, technical detailed plans, zoning plans for one or more passing tracks, and capacity assessments to document the impacts of the measures.

To accommodate potential uncertainties and facilitate swift transitions to construction planning, options for detailed construction planning and technical specifications for total contracts are also included in the agreement.

The announced value of the agreement is approximately NOK 81.5 million, excluding VAT. The nomination is subject to a standstill period (NO: karenstid), which expires on 16 January 2025.

Further options are subject to future budget approvals. The master plans are scheduled for 2025, with technical detailed plans commencing in 2026 and beyond. Subject to budget approvals, actual construction is expected to take place between 2029 and 2032.

For further information, please contact:

Investor relations:
Pål-Sverre Jørgensen, Group Treasurer & IRO    
Phone: +47 416 111 61     
E-mail: ir@multiconsult.no / psmj@multiconsult.no

Media relations:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: gaute.christensen@multiconsult.no