AF Gruppen with changes in the board

Both were elected at the Annual General Meeting on 12 May. They replace Pål Egil Rønn and Arne Baumann who, at they own requests, have decided to leave the Board after a several years of service.
Grongstad is currently CEO of SGF. He was previously CEO of AF Gruppen and prior to that was Executive Vice President of AF with responsibility for Building and Real Estate. Grongstad has a past as head of Fornebu Utvikling AS and Orkla Eiendom AS and holds an MSc in Business and Economics from BI Sandvika. Grongstad sits on the boards of Stokke Industri AS, Treschow-Fritzøe AS and Utstillingsplassen.
Marianne Gjertsen Ebbesen holds a Master of Business Administration from BI Norwegian Business School, and is currently Executive Vice President of OBOS with responsibility for Boligutvikling Trehus, which has real estate and construction operations in Norway and Sweden. She has held various roles in OBOS' corporate management team since 2019. Ebbesen has extensive management experience from the finance industry, including positions as Chief Operating Officer for Group Functions in Nordea and Executive Vice President in DNB. She has board experience from Gjensidige Pensjonsforsikring AS, Odevo AB and several subsidiaries in OBOS.
The board of AF Gruppen subsequently consists of: Morten Grongstad, chair, Marianne G. Ebbesen, Hege Bømark, Kristian Holth, Saloume Djoudat, Erik T. Veiby, Hilde Kristin Herud, Arne Sveen, Hilde Wikesland Flaen and Espen Jahr. The latter three are employee-elected representatives.
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About AF Gruppen ASA
AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 6,000 employees and revenue reached NOK 31 billion in 2022. AF Gruppen is listed on Oslo Stock Exchange (AFG).
We provide a broad range of services with seven operational business areas: Civil Engineering, Building, Betonmast, Property, Energy and Environment, Sweden and Offshore.
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Latest releases from AF Gruppen ASA
Purchasing Ullevålsveien 11420.11.2023 08:17:13 CET | Press release
AF Gruppen and USBL have jointly entered into an agreement to purchase the plot Ullevålsveien 114 in the City of Oslo. The seller is Fortuna Estate AS, and the site will be owned 50% by AF Gruppen and 50% by USBL.
Strong safety performance and high order backlog in the third quarter10.11.2023 07:00:00 CET | Press release
AF Gruppen (AFG) recorded third quarter revenues of NOK 6,907 million. Profit before tax was NOK 103 million in the quarter. The order backlog was NOK 41,864 million at the end of the quarter, an increase of 5.4 % from the same quarter in 2022.
New wind power assignment in Sweden27.10.2023 09:05:06 CEST | Press release
Kanonaden Entreprenad, a subsidiary of AF Gruppen, has been commissioned to build a wind farm in the municipality of Tidaholm. The client is Vattenfall and the contract is worth SEK 122 million, excluding VAT.
Another contract to develop the Swedish power grid27.10.2023 08:33:00 CEST | Press release
Kanonaden Entreprenad, a subsidiary of AF Gruppen, will build and expand the switchgear at Odensala station in Sigtuna municipality between Stockholm and Uppsala. The contract is valued at approximately SEK 162 million, excluding VAT.
Building 63 apartments in Västerås25.10.2023 09:34:53 CEST | Press release
HMB, a subsidiary of AF Gruppen, has been commissioned to build 63 new apartments in Västerås for Riksbyggen. The contract is valued at approximately SEK 127 million, excl. VAT.
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