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AF Gruppen

Business and Financial Review Dec 18, 2017

3522_rns_2017-12-18_20c6b750-306e-40ca-81f9-157fe9aa42cd.html

Business and Financial Review

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Strøm Gundersen to build Proffen Hageby

Strøm Gundersen to build Proffen Hageby

Strøm Gundersen AS, in which AF Gruppen is the principal shareholder, has been chosen as contractor to build 24 attached homes and 16 apartments in the project Proffen Hageby in Drammen. The client is Professor Smiths Utvikling AS.

The contract comprises construction of 4,920 square meters, as well as outdoor areas.

The contract will be carried out as a collaborative design and build contract and is valued at NOK 109 million, excluding VAT.

Construction will start in March 2018 with completion 17 months later.

For further information:

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

EVP Building, AF Gruppen ASA: Henning Olsen, tel. +47 91 74 15 92

General manager, Strøm Gundersen AS: Arne Riise, tel. +47 97 53 12 49

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