Betonmast, a subsidiary of AF Gruppen, has signed a contract with FlyCan (JöLa
Invest AB) to build a new event building in Malmö. This turnkey contract is
valued at approximately SEK 140 million excluding VAT.

The project comprises construction of a new event building with a wind tunnel,
padel halls, lounge, spa and restaurant, gym and offices in Malmö's new Hyllie
city district. The wind tunnel will be the largest of its kind in Europe with a
35 metre tall wind tower and solar panels on the roof. The project's overall
area will be around 10,000 square metres, including a lower, adjacent building.

"We're looking forward to developing the Hyllie skyline," says Jørgen Evensen,
CEO of Betonmast. "Having the opportunity to build Europe's biggest wind tunnel
is really great."

Construction will start in the third quarter of 2021. The project is scheduled
for completion in the fourth quarter of 2022.


For further information:

Jørgen Evensen, CEO of Betonmast, tel.: +47 906 09 310 
Bård Frydenlund, EVP, Sweden and Betonmast for AF Gruppen, tel.: +47 918 68 621

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange