Multiconsult ASA wins frame agreement for engineering services to Statnett SF

The total value of the frame agreement to Multiconsult ASA is estimated by the client to be between NOK 75 – 100 million over a two-year period with an option of additional 1 + 1 years.

7. July 2016

Under this frame agreement Multiconsult will provide engineering services to Statnett SF related to their upgrading of existing substations as well as upgrading of voltage levels and new substations.

Order intake will be recorded when the specific call-offs under this frame agreement are signed.

For further information, please contact:

Investor relations:         
      Mirza Koristovic, Head of Investor Relations         
      Phone: +47 93 87 05 25         

      Gaute Christensen, VP Communications         
      Phone: +47 911 70 188         

Multiconsult is a leading Norwegian multidisciplinary engineering consulting company, with more than 2 100 employees and 45 offices in Norway and abroad. The Company focuses on seven market areas: Buildings & Properties, Transport & Infrastructure, Energy, Oil & Gas, Industry, Environment & Natural resources and Architecture. The Company has an operating history that spans more than a century, with the inception of Norsk Vandbygningskontor in 1908. In 2015 Multiconsult completed more than 9 000 projects for approx. 4 000 different customers.