AF Gruppen ASA

Strøm Gundersen, a company within AF Gruppen, has been selected to construct the buildings Krafttårnet and Generatoren, which together constitute construction phase 2 of Drammen Helsepark. The client is Drammen Helsepark AS, which has established the project company DHP Bygg BK4‑2 AS as the contracting entity. The contract is valued at NOK 731 million excluding VAT and will be delivered as a turnkey contract. Drammen Helsepark AS is wholly owned by Bane NOR Eiendom AS.

AF Gruppen has, through its subsidiary AF Offshore Decom and in a consortium with Heerema Marine Contractors (HMC), been awarded a contract for the engineering, preparation, removal & disposal (EPRD) of a North Sea platform on the UK Continental Shelf.

AF Gruppen is strengthening its concrete operations in Sweden. AF Bygg Syd AB has entered into an agreement to acquire 70 per cent of the shares in H.A. Bygg Entreprenad AB. The remaining 30 per cent will continue to be owned by the company’s employees.

AF Gruppen had revenues in the fourth quarter of NOK 9,252 million. Earnings before tax amounted to NOK 653 million in the quarter, corresponding to a profit margin of 7.1 percent. The final quarter of the year ended with the highest revenues ever, record-strong results and solid order intake.

AF Offshore Decom, a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, cleaning, dismantling, and recycling of a floating storage unit (FSU) from the UK sector of the North Sea.

Statsbygg and AF Gruppen have entered into an agreement for the execution phase of the partial refurbishment of the old Viking Ship Museum at Bygdøy. The total contract value is estimated at NOK 123 million excluding VAT.

Statkraft Energi has announced its intention to enter into a contract with AF Gruppen for the rehabilitation of the Bjølsegrøvatn dam. The agreement is an execution contract and has an estimated value of NOK 400 million excluding VAT.

Strøm Gundersen, a company within AF Gruppen, has entered into a contract to build a new vehicle preparation centre, including an administration building and a car park, at Holmen in Drammen.

The Research Council of Norway has awarded NOK 11 million (~1 MEuro) to develop large‑scale production of concrete foundations for offshore wind.

AF Offshore Decom, a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, dismantling, and recycling of a floating production platform from the UK sector of the North Sea.

AF Elkraft, a company within AF Gruppen, has been nominated by Statnett for high-voltage works at the new Onarheim substation in Husnes. The agreement is a turnkey contract with a value of just over NOK 100 million excluding VAT.

AF Gruppen has been awarded the contract to expand the existing treatment plant for Nedre Romerike vann- og avløpsselskap IKS.

Helse Sør-Øst RHF has appointed AF Decom, a company within AF Gruppen, for a contract covering site establishment and coordination as well as interior fit-out works at the new Aker Hospital. The agreement is valued at approximately NOK 155 million excluding VAT and will be executed as a general contract.

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.

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.

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.

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.

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.

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.

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.