Nominated for contract by Sporveien
The work will be performed in Oslo and encompasses a tunnel to Hellerud Station, two new bridges and ground works for about 1,5 kilometres new subway line.
Construction will commence in fourth quarter in 2021 with expected completion autumn 2023. The contract also includes an option with completion summer 2024. The contract has an estimated value of NOK 360 million excl. VAT. There is a 10 day appeal deadline (waiting period).
“We are pleased to contribute to the subway renewal works that will improve the public transportation offering in Oslo. At current, we have two ongoing projects for Sporveien, and we greatly appreciate the renewed confidence on a new and exciting project”, says Geir Flåta, Executive Vice President of AF Gruppen.
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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 5,500 employees and revenue reached NOK 27 billion in 2020. 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
Revenue growth and good results in the third quarter14.11.2025 07:00:00 CET | Press release
AF Gruppen reported revenues of NOK 7,803 million in the third quarter. Earnings before tax amounted to NOK 398 million. The quarter was characterized by good results, strong cash flow and a high order backlog.
New residential development in central Bergen7.11.2025 12:39:24 CET | Press release
LAB Entreprenør, a company within AF Gruppen, has entered into agreements with OBOS for the construction of residential units, parking facilities, and commercial spaces at Minde in Bergen. The total contract value is approximately NOK 480 million excluding VAT.
Upgrading the Simonsvik transformer station for BKK4.11.2025 15:26:19 CET | Press release
Eviny Solutions, a company within AF Gruppen, has been selected by BKK for a contract to upgrade the Simonsvik transformer station in Laksevåg, Bergen, to a GIS facility. The agreement is a turnkey contract with a value slightly exceeding NOK 100 million, excluding VAT.
Selected for contract at the new Fuglevik wastewater treatment plant3.11.2025 15:35:20 CET | Press release
AF Gruppen has been selected by MOVAR IKS as the general contractor for the building works under contract B2 at the new wastewater treatment plant in Moss Municipality. The contract is valued at NOK 582 million excluding VAT.
Expanding transformer stations in Bamble and Kvinesdal27.10.2025 15:32:49 CET | Press release
Eviny Solutions, a company within AF Gruppen, has been nominated by Statnett for a contract to expand the transformer stations in Bamble and Kvinesdal. The agreement is a turnkey contract valued at just over NOK 100 million excluding VAT.
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