Today’s Headline

AF Gruppen acquires Claxton for NOK 800m Thumbnail
AF Gruppen acquires Claxton for NOK 800m
Norwegian contractor AF Gruppen is buying UK-based Claxton Engineering Services in a NOK 800 million deal. The acquisition adds a 400-strong specialist in offshore decommissioning to AF Gruppen’s portfolio.
Norway’s Stad ship tunnel still billions over budget
The troubled Stad ship tunnel project in Norway is no closer to resolution. A new cost estimate of NOK 8.6 billion far exceeds the budget approved by parliament.
Skanska wins SEK 6.5bn grid expansion
Skanska is set to double electricity transmission capacity in Västmanland. The company has won Svenska kraftnät’s SEK 6.5 billion Affärspaket Västerås, covering new grid construction across three counties.
Aarhus water project burns €62m before build begins
The Aarhus Rewater project has racked up DKK 461 million in consultant costs before construction has even begun. The total budget stands at DKK 6.65 billion.
Maximum fine for over decade-long cartel
A €146 million fine has been imposed on Strabag for its role in Austrian cartel activity spanning 15 years. It is the largest fine in an investigation that has so far penalised 17 construction firms.
Norway’s biggest military buildout in modern times
In the largest military infrastructure push in modern Norwegian history, Forsvarsbygg has awarded 1.3bn NOK in building contracts to tackle years of neglect.

Explore

Skanska wins SEK 6.5bn grid expansion Thumbnail
Skanska wins SEK 6.5bn grid expansion
Skanska is set to double electricity transmission capacity in Västmanland. The company has won Svenska kraftnät’s SEK 6.5 billion Affärspaket Västerås, covering new grid construction across three counties.
Moelven posts worst result in 127-year history Thumbnail
Moelven posts worst result in 127-year history
A historically weak construction market pushed Moelven to a NOK 1 billion operating loss in 2025, the worst result in the Norwegian timber group’s 127-year history.
Gothenburg’s costliest project yet unveiled Thumbnail
Gothenburg’s costliest project yet unveiled
Gothenburg is moving ahead with plans for a tram tunnel linking Linnéplatsen and Lindholmen. The project carries a five-billion-kronor price tag and a completion date of 2039.
Regulator cracks down on safety at Stegra steelworks Thumbnail
Regulator cracks down on safety at Stegra steelworks
Swedish regulators have ordered Stegra to address fall protection failures at its steelworks site or face a one million kronor fine and a complete work stoppage.
French owner scraps Ramirent brand Thumbnail
French owner scraps Ramirent brand
Yellow and blue becomes red and grey. The Ramirent brand will be phased out as the Nordic giant adopts its owner’s colours.
Swedish housing company tests local energy grid Thumbnail
Swedish housing company tests local energy grid
Swedish housing company LKF is building a private electricity grid in a residential area in Lund. The project will show how locally produced power can be shared between properties.

Editors choice

Social media giant to build billion-euro data center in Finland Thumbnail
Social media giant to build billion-euro data center in Finland
TikTok is investing one billion euros in a new datacenter in Kouvola, eastern Finland. The facility is part of the company’s European “Project Clover”, where it is investing a total of 12 billion euros to strengthen data security in Europe.
Skanska lands SEK 990 million contract Thumbnail
Skanska lands SEK 990 million contract
Skanska has signed an agreement worth around SEK 990 million with Stockholm Exergi to lay the foundations and build a quay for the upcoming BECCS Stockholm facility.
“Circular” concept wins NRK headquarters design competition Thumbnail
“Circular” concept wins NRK headquarters design competition
The team of Nordic Office of Architecture with Arup Architecture and Rodeo Architects has been selected as the winner of the competition to design NRK’s new main headquarters in Oslo’s Normannsløkka district. Their “Circular” concept was unanimously chosen by the jury.
Veidekke wins SEK 119 million contract for swan-labeled homes Thumbnail
Veidekke wins SEK 119 million contract for swan-labeled homes
Veidekke has secured a turnkey contract worth over SEK 119 million from Obos Nya Hem to build the “Brf Aroma” residential project in Träkvista torg on Ekerö, west of Stockholm.

News

AF Gruppen acquires Claxton for NOK 800m Thumbnail
AF Gruppen acquires Claxton for NOK 800m
Norwegian contractor AF Gruppen is buying UK-based Claxton Engineering Services in a NOK 800 million deal. The acquisition adds a 400-strong specialist in offshore decommissioning to AF Gruppen’s portfolio.
Norway’s Stad ship tunnel still billions over budget Thumbnail
Norway’s Stad ship tunnel still billions over budget
The troubled Stad ship tunnel project in Norway is no closer to resolution. A new cost estimate of NOK 8.6 billion far exceeds the budget approved by parliament.
Skanska wins SEK 6.5bn grid expansion Thumbnail
Skanska wins SEK 6.5bn grid expansion
Skanska is set to double electricity transmission capacity in Västmanland. The company has won Svenska kraftnät’s SEK 6.5 billion Affärspaket Västerås, covering new grid construction across three counties.
Aarhus water project burns €62m before build begins Thumbnail
Aarhus water project burns €62m before build begins
The Aarhus Rewater project has racked up DKK 461 million in consultant costs before construction has even begun. The total budget stands at DKK 6.65 billion.
Maximum fine for over decade-long cartel Thumbnail
Maximum fine for over decade-long cartel
A €146 million fine has been imposed on Strabag for its role in Austrian cartel activity spanning 15 years. It is the largest fine in an investigation that has so far penalised 17 construction firms.
Norway’s biggest military buildout in modern times Thumbnail
Norway’s biggest military buildout in modern times
In the largest military infrastructure push in modern Norwegian history, Forsvarsbygg has awarded 1.3bn NOK in building contracts to tackle years of neglect.
Moelven posts worst result in 127-year history Thumbnail
Moelven posts worst result in 127-year history
A historically weak construction market pushed Moelven to a NOK 1 billion operating loss in 2025, the worst result in the Norwegian timber group’s 127-year history.
Lännen Tractors lands record order Thumbnail
Lännen Tractors lands record order
A SEK 380 million order for NATO-compatible backhoe loaders marks a new milestone for Finnish manufacturer Lännen Tractors. Deliveries to an undisclosed European NATO member state will take place between 2026 and 2028.
Veidekke wins NOK 525m hydropower contract Thumbnail
Veidekke wins NOK 525m hydropower contract
Sognekraft and Veidekke are moving ahead with the Offerdal hydropower plant in Norway. The NOK 525 million project has been in the pipeline since the late 1990s and will produce enough energy for 6,000 households.
Regions push EU to target construction waste Thumbnail
Regions push EU to target construction waste
Europe faces a growing shortage of raw materials like sand and gravel. Now a coalition of metropolitan regions is pushing the EU to make the construction sector a cornerstone of its upcoming Circular Economy Act.
Norway to probe rising construction costs Thumbnail
Norway to probe rising construction costs
Housing construction costs in Norway have risen sharply in recent years, but the government admits it does not fully understand why. A new study aims to shed light on the issue.
Miami airport’s $9bn overhaul adds 17 gates Thumbnail
Miami airport’s $9bn overhaul adds 17 gates
One of America’s busiest airports is getting bigger. Miami International Airport will add 17 new gates to Concourse D, with construction set to begin in 2027.
Hudson Tunnel resumes under shutdown threat Thumbnail
Hudson Tunnel resumes under shutdown threat
Workers are back on site at the Hudson Tunnel Project, but the restart may be temporary. The Gateway Development Commission warns construction could pause again within two to three months if federal funding is not maintained.
Oslo forgot it owned a villa – for nearly 40 years Thumbnail
Oslo forgot it owned a villa – for nearly 40 years
An unusual 1980s agreement led Oslo to lose track of a property it owned for decades. The rediscovered villa has now been found to have serious fire safety deficiencies.
Denmark’s third longest bridge gets a royal name Thumbnail
Denmark’s third longest bridge gets a royal name
Denmark’s third longest bridge has a name. The new Storstrøm crossing will be known as Queen Margrethe II’s Bridge when it opens to road and cycle traffic in mid-March 2026.
Wins three bridges and a tunnel in €350m sweep Thumbnail
Wins three bridges and a tunnel in €350m sweep
A €350 million contract haul sees Implenia take on three major bridge projects and an urban motorway tunnel across Germany and Norway.
5E Byg wins 700-home timber contract Thumbnail
5E Byg wins 700-home timber contract
Copenhagen’s Enghave Brygge development has broken ground. Contractor 5E Byg will build 700 homes across three canal-separated islands using timber as the primary structural material.
Middle East conflict hits Norwegian business Thumbnail
Middle East conflict hits Norwegian business
The escalating conflict in the Middle East is hitting Norwegian business hard. Some 300 companies and 5,000 Norwegians are based in the Gulf states as the situation continues to deteriorate.