• Netel won contracts from Norway’s Elvia to upgrade two substations, total value about NOK 44 million.
• Main contract covers Tøyen substation in Oslo, valued at about NOK 34 million, with completion targeted for spring 2028.
• Second contract in Innlandet covers new 22 kV switchgear work, valued at about NOK 10 million, scheduled for completion in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netel Holding AB (publ) published the original content used to generate this news brief on August 28, 2026, and is solely responsible for the information contained therein.