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AFG: Expansion of primary school in Hamar

AFGRegulatory press release2026-06-22 09:00
Betonmast, a subsidiary of AF Gruppen, has entered into a contract with Hamar
Municipality for the expansion of Greveløkka School. The contract includes the
extension of the existing school buildings, a new multi-purpose hall, and
upgrades to the outdoor areas. The contract is a turnkey contract valued at NOK
210 million, excluding VAT.

Greveløkka School will accommodate 588 pupils, with three parallel classes at
each year level. The expanded school will include pupils from Storhamar School
when it is closed ahead of the 2028 academic year. Greveløkka School will be
extended with a new multi-purpose hall, a large library, and modern learning
environments in both classrooms and group rooms. The outdoor areas will function
as a local community facility, accessible to residents at all hours, throughout
the year.

"We are very pleased to expand Greveløkka School with future-oriented learning
environments and high-quality outdoor areas. Betonmast has extensive experience
in both refurbishment and construction of school buildings, and we look forward
to commencing the construction process as soon as possible," says Peter Sandrup,
CEO of Betonmast.

The school will remain fully operational throughout the construction period, and
site establishment and preparatory works will begin shortly after the end of the
current school year. The construction will be carried out in several phases,
with the entire project scheduled for completion in June 2028.

For further information:
Peter Sandrup, CEO, Betonmast, tel. +47 915 88 645
Bård Frydenlund, EVP Sweden and Betonmast, AF Gruppen, tel. +47 918 68 621
and Betonmast\, AF Gruppen\, tel. +47 918 68 621\