AF Gruppen

Regulatory Filings • Jan 4, 2023

Extends high school in Oslo

Extends high school in Oslo

Betonmast, an AF Gruppen subsidiary, has signed a contract with Oslobygg KF to extend Edvard Munch high school in Oslo. The contract is drawn up as a collaborative contract in two phases, where phase 2 is an option for the client. The contract value for the execution phase is not known but will be clarified in phase 1. If the final execution contract is signed, the contract value will be included in the order backlog. If an execution contract is agreed, the contract value is expected to be approx. NOK 500 million excl. VAT.

The project comprises an extension of Edvard Munch high school into the premises of the former Norwegian Museum of Decorative Arts and Design. The project concerns rehabilitation and remodeling of a total of 11,600 m2 GFA, of which 6,600 m2 GFA in the former museum – a listed building from 1904.

The expanded school is dimensioned for 1,230 students.

“This is a huge and distinctive project that requires top expertise, quality and collaboration. Taking care of existing buildings is both sustainable and technically exciting. I am proud of the Betonmast Oslo team who was awarded this prestigious job,” says Peter Sandrup, CEO of Betonmast.

Construction is scheduled to begin during the summer of 2023 with completion by Q2 2026.

For further details, please contact:

Peter Sandrup, CEO of Betonmast, tel.: +47 915 88 645.

Bård Frydenlund, Executive Vice President, Sweden and Betonmast for AF Gruppen, tel.: +47 918 68 621