AF Gruppen

Regulatory Filings • Apr 8, 2021

Building school in Hønefoss

Building school in Hønefoss

Betonmast, a subsidiary of AF Gruppen, has signed a contract with Ringerike municipality to build Hov lower secondary school in Hønefoss. The contract is a turnkey contract with an expected value of around NOK 225 million, excluding VAT.

The project involves building a new school and sports hall totalling 8,000 square metres in size. The school will be built as four pavilions, each two storeys in height, surrounding a common schoolyard. The project, which will have a strong environmental focus, will be constructed from wood and according to BREEAM NOR Very Good principles.

“Ringerike municipality is an ambitious client that is investing in schools. This will be the second school we are building for the municipality in a short period, and after a constructive interaction phase, we are now looking forward to starting the project,” says CEO Jørgen Evensen of Betonmast.

The project will start immediately, and completion is scheduled for the first quarter of 2023.

For further details, please contact:

Jørgen Evensen, CEO of Betonmast, tel.: +47 906 09 310

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