AF Gruppen ASA

To develop new industrial area outside Narvik for Nordkraft

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Målselv Maskin & Transport, a company in AF Gruppen ASA, has entered into an agreement with Nordkraft Prosjekt AS on construction work for the development of a new industrial area in Kvanndalen outside Narvik. The contract will be carried out as a turnkey contract, and it is valued at NOK 162 million, excluding VAT.

Illustrastion from Målselv Maskin & Transport, photo: David Gonzalez
Illustrastion from Målselv Maskin & Transport, photo: David Gonzalez

The project involves building infrastructure, supply roads and developing plots. The necessary infrastructure, such as water and drainage and electrical, as well as the power supply to a newly-established transformer station in the new industrial area, will be established. The work is planned to start in July 2022 and is scheduled for completion in the autumn of 2023.

“We are pleased with the confidence Nordkraft has shown in us by wanting to partner with us on this interesting project. It’s inspiring to contribute to this major investment in the green shift and to good facilities for establishing power-intensive industries in Northern Norway,” says Erik-Anders Helin, Managing Director of Målselv Maskin & Transport.

Målselv Maskin & Transport has good experience of previous partnerships with Nordkraft, including construction work for the development of Sørfjord wind farm in Tysfjord in 2018-2019, and through 2020 and 2021 on various remediation and service assignments.

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Illustrastion from Målselv Maskin & Transport, photo: David Gonzalez
Illustrastion from Målselv Maskin & Transport, photo: David Gonzalez
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About AF Gruppen ASA

AF Gruppen ASA
AF Gruppen ASA
Innspurten 15
0603 Oslo

+47 22 89 11 00https://afgruppen.com

AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 5,400 employees and revenue reached NOK 27 billion in 2021. 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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