06 Oct 2025 11:00 CEST

Issuer

AF Gruppen ASA

HMB Construction, part of AF Gruppen, has been commissioned by the Swedish
Fortifications Agency to carry out a construction project at Ärna F16 in
Uppsala. The contract value is approximately SEK 112 million, excluding VAT.

The project includes the construction of two shelters, a heated storage
facility, a smaller cold storage unit, and a new transformer station. The work
will be delivered as a turnkey contract, with high demands on planning,
technical documentation, and execution within a classified area. Special
consideration must be given to the site conditions, including foundation work on
clay and proximity to the river, which requires piling with concrete piles.

“We look forward to collaborating with the Swedish Fortifications Agency on the
assignment at Ärna F16. It is a technically advanced project, and we are pleased
that HMB has been entrusted to deliver a solution that meets the high standards
required,” says Bård Frydenlund, EVP of AF Gruppen Sweden.

Design work will commence in autumn 2025, with construction scheduled to begin
in the fourth quarter of the same year. The construction period is estimated at
approximately one year, with completion expected in December 2026.

For further information:
Bård Frydenlund, EVP, AF Gruppen Sweden, tel. +47 918 68 621
Per Wiker, Managing Director, HMB Construction AB, tel. +46 702 06 70 52


Source

AF Gruppen ASA

Provider

Oslo Børs Newspoint

Company Name

AF GRUPPEN

ISIN

NO0003078107

Symbol

AFG

Market

Euronext Oslo Børs