- Business
- AF Gruppen ASA AF Gruppen ASA is a leading Norway-based contracting and industrial group specializing in civil engineering, construction, property development, energy solutions, environmental services, and offshore decommissioning. Founded in 1985 and headquartered in Oslo, the company operates primarily in Norway and Sweden through seven business areas: Civil Engineering, which handles complex infrastructure projects including roads, railways, ports, airports, tunnels, foundations, hydropower, and onshore oil and gas facilities; Building and Betonmast, which focus on developing, engineering, and constructing commercial, residential, public, and institutional buildings as well as rehabilitation projects; Property, which develops residential units and commercial properties in Eastern Norway and Western Sweden; Energy and Environment, which provides energy-efficient solutions for buildings and industry, environmental remediation, demolition, recycling, and technical services like HVAC-R systems; Sweden, which manages construction, civil engineering, property, and environmental activities; and Offshore, which offers engineering, removal, dismantling, recycling, maintenance, and modification of offshore installations including North Sea platforms. AF Gruppen ASA serves public and private clients in infrastructure, energy, real estate, and industrial sectors, with approximately 5,650 employees and 2024 revenues of NOK 30.6 billion. Recent developments include the completion of its acquisition of 80% of Eviny Solutions AS in October 2025 to bolster its Energy and Environment segment, a joint venture with THREE60 Energy for bp's Andrew field decommissioning contract in September 2025, awards for carbon capture facility construction at Hafslund Celsio's plant and rehabilitation of the Norwegian School of Sport Sciences, and new contracts in Sweden such as ground works at Hamra substation and care home construction in Östervåla.