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
Received the 2023 Carnegie Sustainability Award26.5.2023 09:45:00 CEST | Press release
AF Gruppen has been awarded the Carnegie Sustainability Award 2023 in the small cap category.
Nominated for International Recycling Award16.5.2023 14:46:18 CEST | Press release
Marine growth from recycled platforms becomes nutritious fertiliser in soil. The British oil company TAQA, Reve Kompost and AF Offshore Decom have been nominated for an international sustainability award for decommissioning excellence.
AF Gruppen with a demanding first quarter of 202312.5.2023 07:01:00 CEST | Press release
AF Gruppen delivered good growth, but weak results for the first quarter of 2023. Profitability was negatively impacted by downward adjustments in the Swedish construction portfolio. Revenue increased by 9 % in the quarter to NOK 7,393 million, compared with the same quarter last year, while profit before tax was NOK 13 million.
Entered into extensive piping contract for the Life Sciences building5.5.2023 14:30:31 CEST | Press release
AF Gruppen has signed a contract with Statsbygg to provide piping and plumbing works for the Life Sciences building. The contract was signed after 4.5 years of interaction and is valued based on a target price of NOK 680 million, excluding VAT. The original award of the turnkey contract with interaction was announced to the stock exchange on 20 December 2018.
Construction of major wind power projects in southern Sweden27.4.2023 09:47:25 CEST | Press release
Kanonaden Entreprenad, a subsidiary of AF Gruppen, will build the Bruzaholm wind farm in Eksjö municipality on behalf of Vattenfall. The contract is worth a total of SEK 210 million, excluding VAT.
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