AF Gruppen

Regulatory Filings • Feb 4, 2025

Selected to build Stovner School

Selected to build Stovner School

Betonmast, a subsidiary of AF Gruppen, has been selected by Oslobygg KF for the construction of Stovner school in Oslo. The turnkey contract is valued at NOK 300 million excluding VAT.

The project includes an extension to the existing primary school, as well as the rehabilitation of parts of the current school building. The extension covers approximately 5,700 m2 GFA, while the rehabilitation concerns about 1,000 m2 GFA. After the expansion, Stovner School will be able to accommodate around 550 students and 100 staff members. The project also includes a major upgrade of the outdoor facilities.

“Betonmast has extensive experience and expertise in school buildings in Oslo, which this contract confirms. We look forward to starting this important project, which will enhance the school experience for children in the local area,” says Peter Sandrup, CEO of Betonmast.

Construction is set to begin in the summer of 2025, with estimated completion in the summer of 2027.

For further information:

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