Betonmast, a subsidiary of AF Gruppen, has been nominated by Trøndelag County
Municipality for the renovation of existing buildings and construction of a new
building for Trondheim Katedralskole in Trondheim. The project will enter a
development phase with interaction that will last until January 2023. Together
the parties will arrive at a target price that will form the basis for a
contract for the implementation phase. The value of the turn key contract is
currently estimated at around NOK 190 million excluding VAT.

The contract will only be included in the order backlog when the final contract
for execution has been signed.

The project comprises redevelopment/renovation and development of the current
buildings, in addition to a new building. The total gross area of the existing
buildings amounts to approximately 12,350 m2, while the new building area is
estimated at between 3,800 and 6,400 m2 depending on the choice of final
solution. The school will have 780 pupils from 2025.
 
"Betonmast has extensive experience with both renovation projects and school
buildings, so this job is a good fit for us. Now we're looking forward to a
constructive project development phase," says CEO Jørgen Evensen of Betonmast. 

Start of construction is estimated for the spring of 2023, with completion in
the second half of 2025.

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

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