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
Delivering technical HVAC-R Installation to Princess Elisabeth Island in Belgium28.11.2025 13:40:51 CET | Press release
Aeron, a company within AF Gruppen, has entered into an agreement with the HSI Joint Venture, consisting of HSM Offshore Energy, Iemants and Iv – Offshore and Energy, with a value of approximately NOK 150 million excluding VAT.
Awarded contract at Hamra substation25.11.2025 08:14:10 CET | Press release
Kanonaden Entreprenad Mälardalen AB, a company within AF Gruppen, has been awarded the contract to carry out extensive ground and concrete works at Hamra on behalf of Linxon Sweden AB. The project is being undertaken for Svenska kraftnät. It is a turnkey contract valued at SEK 117 million excluding VAT.
Building care homes in Östervåla17.11.2025 16:14:55 CET | Press release
HMB Construction AB, a subsidiary of AF Gruppen, has signed a contract with Hebygårdar AB for the construction of the Tallgården care home in Östervåla. The contract value is SEK 162 million, excluding VAT.
Nominated for new contract at the new Aker Hospital17.11.2025 13:06:38 CET | Press release
AF Energi, a subsidiary of AF Gruppen, has been nominated by Helse Sør-Øst RHF for the contract concerning gas and compressed air at the new Aker Hospital.
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.
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