Business and Financial Review • Aug 5, 2022
Business and Financial Review
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Subsidiary of NTG, Wavetrain Systems AS, receives a Purchase Order from Network Rail (NR) in UK
Wavetrain Systems AS, a subsidiary of Nordic Technology Group AS (NTG), in which NTG owns 83,6 %, has received a Purchase Order of approx. NOK 1,3 million from Network Rail (NR), UK, for two Level Crossing Warning Systems for public use. This is the first order in UK since the NR product type approval was granted to Wavetrain earlier this year. It is an important milestone in the expected Wavetrain UK roll-out.
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