Multiconsult Norge AS (Multiconsult) is awarded a significant contract with Oslo City Water and Sewerage Works Agency (Oslo Kommune, vann- og avløpsetaten)

Multiconsult will provide all engineering works for new water supply for Oslo. The project is estimated to generate in excess of NOK 200 million to Multiconsult, in addition to significant options for follow-up engineering during the construction phase.

23. October 2018

Work will begin immediately and a large part will be completed during the first three years. The significant options for the construction phase could generate work throughout 2027.

The project will include a raw water tunnel between Holsfjorden and Oslo, both civil engineering and mechanical installations for a new water treatment plant at Huseby, and a tunnel from Huseby to central Oslo in order to transfer clean water to existing water grid in Oslo. The contract consists of four parts that were up for tender and Multiconsult has been set for all four parts.

“This is a significant milestone in the newly established business area Water & Environment, and a significant award for a valuable customer”, says Christian Nørgaard Madsen, CEO of Multiconsult ASA.

The contract award is subject to standstill period, which expires on 1 November 2018.

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 2 800 employees and 45 offices in Norway and abroad. The Company focuses on six business areas: Buildings & Properties, Transport, Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has an operating history that spans more than a century, with the inception of Norsk Vandbygningskontor in 1908.