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Betonmast Secures Major Construction Contract at Raufoss

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Betonmast Secures Major Construction Contract at Raufoss

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AF Gruppen ASA ( (AGRUF) ) has issued an announcement.

Betonmast, a subsidiary of AF Gruppen, has secured a contract with Raufoss Næringspark ANS to construct a 7,000 sqm administration and office building at Raufoss, valued at approximately MNOK 285. The building, set to be rented by Norwegian defense company Nammo, will meet high energy efficiency standards and be BREEAM certified. This project signifies a strategic growth opportunity within one of Norway’s largest industrial parks, with construction commencing immediately and completion expected by winter 2027.

The most recent analyst rating on (AGRUF) stock is a Buy with a NOK180.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen is a leading construction and civil engineering company, known for its comprehensive services in building, civil engineering, environment, and energy sectors. The company focuses on sustainable solutions and innovative construction practices to meet the demands of modern infrastructure projects.

Average Trading Volume: 33,018

Current Market Cap: NOK18.89B

For detailed information about AGRUF stock, go to TipRanks’ Stock Analysis page.

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