AF Gruppen

Regulatory Filings • Mar 22, 2018

AF Gruppen to build train maintenance facilities for Bane Nor Property

AF Gruppen to build train maintenance facilities for Bane Nor Property

Bane Nor Property and AF Gruppen (AFG) has signed a contract for construction of new maintenance facilities for trains for Bane Nor Property at Kvalaberg in Stavanger.

AF Gruppen shall develop, engineer and construct new maintenance facilities for rolling track for Bane Nor Property. A new workshop building of 3.500 m2, new tracks and general upgrading of the maintenance area is included in the scope. The contract is a target-price contract with integrated cooperation with the Client. The construction start is planned in March 2018 with completion summer 2019.

The contract will have a value of approx. NOK 200 million excl. VAT.

"AF appreciate to be chosen as contractor by Bane Nor Property and be able to combine our building- and civil engineering competences in an interesting project, says Morten Grongstad, CEO of AF Gruppen.

For further information:

CEO: Morten Grongstad, tel. +47 99 15 39 05

EVP Civil engineering: Arild Moe, tel. +47 91 37 62 65