AF Gruppen ASA (0DH7.L) LSE

Currency In NOK

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AF Gruppen ASA

Address

Innspurten 15

Oslo, 0663

Norway

Phone

47 22 89 11 00

Sector

Industrials

Industry

Engineering & Construction

Employees

5648

First IPO Date

February 22, 2012

Key Executives

NameTitlePayYear Born
Amund TøftumChief Executive Officer9.9M1978
Lars Myhre HjelmesetExecutive Vice President of Offshore4.67M1979
Tormod SolbergExecutive Vice President of Construction5M1971
Eirik WraalExecutive Vice President Energy, Environment & Parts of Construction5.02M1979
Bård FrydenlundExecutive Vice President of Sweden and Betonmast5.18M1968
Anny ØenExecutive Vice President of Finance & Chief Financial Officer5.47M1974
Geir FlataExecutive Vice President of Civil Engineering & Property5.71M1978
Knut EkernCommunication Director01973
Kelly Ann FusnerChief Underwriting Officer0N/A
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Description

Headquartered in Oslo, Norway, and established in 1985, AF Gruppen ASA is a prominent contracting and industrial enterprise primarily operating across Norway and Sweden. The company's extensive portfolio encompasses civil engineering, general construction, property development, energy and environmental services, and specialized offshore operations. Its civil engineering division undertakes major infrastructure projects such as roads, railways, port facilities, airports, tunnels, and foundational work, alongside developments for power generation, energy distribution, and onshore oil and gas installations. The construction arm is responsible for designing, engineering, and erecting commercial, residential, and public buildings, in addition to carrying out comprehensive refurbishment initiatives. Within property development, the company operates both directly through its Property business area, creating residential units and commercial structures, and via its Betonmast subsidiary, which acts as a building contractor for significant residential, commercial, and public projects while also engaging in property development. AF Gruppen's Energy and Environment segment delivers intelligent, energy-efficient solutions for buildings and various industries, alongside providing demolition and recycling services. Its specialized offshore unit handles the removal, dismantling, and eco-friendly disposal of offshore installations, complemented by construction, modification, and maintenance work for cranes, modules, rig services, and climate control systems. Regionally, the company's Swedish presence integrates construction, civil engineering, property, and environmental activities, reflecting its diverse offerings.

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