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 30,6 billion in 2024. 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
To build apartments in Southern Sweden25.4.2025 08:00:00 CEST | Press release
AF Gruppen has been selected as the contractor by LKF, Lunds Kommun Fastighets AB, to build 117 new apartments in the Råbykungen district in Lund. The contract value will be approximately SEK 189 million excluding VAT.
Rehabilitating student housing in Bergen14.4.2025 09:09:24 CEST | Press release
LAB Entreprenør, a company within AF Gruppen, has signed an agreement with Sammen, the Student Welfare Organization of Vestland, to rehabilitate a residential building in Hatleberg, Bergen. The agreement is a turnkey contract valued at NOK 146 million excluding VAT.
Building more homes for OBOS at Fornebu10.4.2025 13:59:39 CEST | Press release
AF Gruppen has entered into an agreement with Storøykilen Utvikling AS, a wholly owned subsidiary of OBOS Fornebu AS, to build blocks 5 and 6 in the residential project Storøykilen at Fornebu in Bærum. The project will be carried out as a turnkey contract, and the contract is valued at NOK 412 million excluding VAT.
Awarded contract for Aker hospital heating plant31.3.2025 13:17:09 CEST | Press release
AF Gruppen has been awarded a contract by Hafslund Celsio for electromechanical work at the Aker Hospital heating plant. The contract is valued at approximately NOK 100 million, excluding VAT.
Assignment on the Ofoten Line for Bane NOR21.3.2025 15:39:39 CET | Press release
Consolvo, a company in AF Gruppen, has today signed a contract with Bane NOR SF for the upgrade of the Linbanen Snow Shelter on the Ofoten Line. The contract is a construction contract with a value of NOK 122 million excluding VAT.
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