Indeed, the Vantaa City Council decided to build a tram line after a vote. Therefore, the transfer of the eastern part’s project development project to GRK’s (and Kreate’s) order book and implementation should, in my understanding, materialize. However, let’s still wait for the company’s/companies’ announcements on the matter. The project’s progress has indeed been our base scenario in our forecasts, so the news was not a surprise as such.
This is indeed an alliance project for the mentioned companies (the eastern part of the line) worth 217 MEUR (original estimate), in which GRK and Kreate have participated together with equal shares. GRK’s previous announcement on the matter is here.