04 Nov 2024 09:30 CET

Issuer

AF Gruppen ASA

Betonmast, a subsidiary of AF Gruppen, has been selected by Akershus county
authority for the rehabilitation of parts of Rud Upper Secondary School in
Bærum. The contract, which is a turnkey contract, is valued at approximately NOK
165 million excluding VAT.

The project includes a complete interior rehabilitation with new technical
systems and a high degree of reuse. Among other things, it plans to reuse doors,
interior walls, sanitary installations, and radiators, in addition to some
furniture. The total gross floor area is 8,400 m².

“Betonmast has completed a number of school projects in recent years. With
extensive experience in school buildings and strong environmental competence, we
look forward to rehabilitating Rud Upper Secondary School,” says Peter Sandrup,
CEO of Betonmast.

The contract signing is expected around mid-November. Construction is estimated
to start in the first quarter of 2025 with completion in the summer of 2026.


For further information, please contact:

Peter Sandrup, CEO of Betonmast, tel.: +47 915 88 645
Bård Frydenlund, EVP Betonmast for AF Gruppen, tel.: +47 918 68 621


Source

AF Gruppen ASA

Provider

Oslo Børs Newspoint

Company Name

AF GRUPPEN

ISIN

NO0003078107

Symbol

AFG

Market

Oslo Børs