Latest news with #AFRY
Yahoo
5 days ago
- Business
- Yahoo
AFRY to acquire Brazil's Reta Engenharia
Engineering company AFRY has signed an agreement to acquire Reta Engenharia (Reta), a Brazilian company that offers project and construction management services and holds a prominent position in the mining and metals sector. With over 200 employees, Reta contributes local expertise that will enhance AFRY's capabilities in key industrial sectors across the Americas. Reta's key competencies will bolster AFRY's current operations, which encompass more than 1,200 employees in Brazil. This acquisition also strengthens AFRY's position in supporting the global energy and industrial transition, particularly in the mining and metals sector. The transaction is contingent upon meeting operational closing conditions and is anticipated to be finalised in the third quarter (Q3) of 2025. AFRY global division industry head and executive vice-president Nicholas Oksanen said: 'This is a strategic step for AFRY as we expand our footprint in the Americas. 'Brazil plays a vital role in sustainable industrial development, and Reta's capabilities will strengthen our position from the early stages of client projects. Combining their niche expertise with AFRY's global platform creates a strong foundation for future growth in the region.' Reta has positioned itself as a provider of high-value services such as construction management and site supervision. Operating across various industries in Brazil, the company oversees a diverse portfolio of capital investment projects and local operational services. Reta's net sales for 2024 reached approximately Skr135m ($14.1m). Reta Engenharia CEO Marcus Cassini said: 'Joining AFRY defines a new and important chapter in the history of Reta Engenharia. We share a strong vision of technical excellence, sustainable development, and the promotion of shared value for clients and employees. 'This milestone strengthens our ability to deliver comprehensive solutions, expands professional growth opportunities for our team, and reinforces our commitment to transforming knowledge into a lasting legacy for society.' Earlier this month, AFRY was selected as the technical advisor to lenders for a solar and battery energy storage initiative in the Philippines. The Terra Solar project, boasting 3,500MWp of solar power and 4,500MWh of battery storage, is poised to become the world's largest such installation, with development split into two phases and completion set for 2026 and 2027, respectively. "AFRY to acquire Brazil's Reta Engenharia" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Melden Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
07-07-2025
- Business
- Yahoo
AFRY's Advansia secures framework agreement for project management services in Norway
Advansia, a division of engineering company AFRY, has entered into a framework agreement with The Norwegian Hospital Construction Agency (Sykehusbygg HF) to provide project management services for the development of healthcare facilities across the country. The agreement, which includes four subcontracts, has a national scope and encompasses all four regional health authorities in Norway. Sykehusbygg HF serves as the national centre of expertise for hospital planning, construction, and restoration. It is spearheading development within the domestic healthcare sector to meet future demands of hospital operations, healthcare personnel, and a growing population. Advansia hospitals section manager Anne-Britt Gundersen said: 'This framework agreement strengthens our established position within the healthcare sector in Norway. 'Currently, we are involved in all the major hospital projects in the south-east of Norway. We are excited to extend those capabilities at a national level, bringing our broad expertise and experience to the table.' The framework agreement outlines a series of major initiatives across the regions, including services such as project and process management, project support, advisory services for functional equipment, and independent verification. Gunderson added: 'Our goal is to contribute to strengthen the healthcare sector with solutions that are as effective today as they are in the future.' Advansia is among several suppliers awarded a part of the framework agreements, which collectively hold a value of Skr150m ($15.68m) and may extend up to four years. The specific order value attributed to AFRY under this agreement has not been disclosed. Recently, AFRY Finland, in partnership with Sweco Finland, received a commission from the Finnish Transport Infrastructure Agency for the planning of additional railway tracks between Hyvinkää and Riihimäki. Additionally, AFRY has been appointed as the lenders' technical advisor for a solar and battery energy storage project in the Philippines. "AFRY's Advansia secures framework agreement for project management services in Norway" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
02-07-2025
- Business
- Yahoo
AFRY plans additional tracks for railway section in Finland
AFRY Finland, in collaboration with Sweco Finland, has been commissioned by the Finnish Transport Infrastructure Agency to plan additional tracks for the railway section between Hyvinkää and Riihimäki. This railway expansion project is set to enhance both passenger and freight traffic on the nation's busiest railway line. The assignment involves the planning of another western track and a freight traffic track extending from the Hyvinkää station to the Riihimäki freight yard. AFRY is tasked with comprehensive planning responsibilities, including railway and road planning, environmental, civil, and municipal infrastructure planning, project management, geotechnical engineering, and bridge and structural engineering. As part of the project, the company will plan seven bridges along the railway, complete with their retaining walls and pile slabs. This work falls under a four-year framework agreement with the Finnish Transport Infrastructure Agency, which extends to 2027. AFRY Transportation Finland director Mikko Inkala said: 'AFRY is well-positioned to lead the planning of this project. Our familiarity with the site, gained from managing its previous planning phase, ensures a seamless transition to the current phase. 'This project highlights AFRY's expertise in complex railway design, as well as our industry-leading capabilities in geotechnical and bridge engineering.' The planning phase for this construction project is expected to continue until the end of 2026, with construction commencing thereafter. Earlier in the year, AFRY secured the planning contract for the Breganzona tunnel in Switzerland via the Tram Ticino consortium. Additionally, last year, the company embarked on the design of a waste-to-energy facility near Mělník in the central Czech Republic. "AFRY plans additional tracks for railway section in Finland" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
03-06-2025
- Business
- Yahoo
AFRY to support GBP's Arkansas paper mill modernisation project
American pulp and paper company Green Bay Packaging (GBP) has commissioned AFRY to provide engineering services for its paper mill modernisation project in Morrilton, Arkansas, US. The scope of work includes multidisciplinary design engineering, procurement support, and commissioning support for the balance of plant. This multiyear project is expected to boost the mill's operational efficiency and infrastructure. The modernisation effort will involve crucial updates to essential process elements such as the site's recovery boiler and biomass boiler systems. Moreover, GBP plans to implement an electric turbine generator, a key component of its decarbonisation initiative, which is expected to significantly cut scope 1 and 2 greenhouse gas emissions. GBP Arkansas Kraft Division vice-president and general manager Brad Harville said: "We recognise that investing in future technologies is crucial for maintaining our leadership in innovation and excellence. "Given AFRY's established leadership in the pulp and paper sector and their impressive track record in large-scale projects, we are confident that this partnership will contribute significantly to the success of this strategically important initiative.' Additionally, the project encompasses the procurement of approximately 300 acres of land to facilitate future investments and growth, preparing the mill for long-term operations. AFRY's engagement with the project dates back to its early phases, contributing to conceptual studies and basic engineering. The anticipated result is a modernised, sustainable, and efficient paper mill that upholds industry leadership. AFRY process industries USA head John Boettcher said: 'We are extremely proud to be part of this modernisation project driving the transition towards a sustainable society. "Our global leading position and network of international experts in the pulp and paper sector, combined with our local presence, allows us to provide best-in-class expertise to our customers. AFRY's commitment to sustainability and circular solutions makes us the perfect partner for this project.' In December 2024, GBP commenced a multiyear project for the modernisation of its Arkansas Kraft Paper Mill to improve the mill's infrastructure. "AFRY to support GBP's Arkansas paper mill modernisation project" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
12-04-2025
- Business
- Yahoo
AFRY to lead PEA and PFS for Estonia's Toolse phosphate project
The Geological Survey of Estonia has engaged AFRY, a Swedish-Finnish engineering and design company, to conduct a preliminary economic assessment (PEA) and pre-feasibility study (PFS) for the phosphate ore project in Toolse, Estonia. Estonia holds some of the largest phosphorite reserves in Europe. Phosphorite is mainly valued for its phosphorus, a key ingredient in agricultural fertilisers. The country's deposits also contain rare earth elements vital for high-tech sectors such as electronics, renewable energy and battery manufacturing. Tapping into these resources could position Estonia as a key supplier of critical raw materials, helping to cut import reliance and boost its economic standing, according to AFRY. AFRY will scrutinise various aspects of the phosphate mining project. It will explore the economic implications, environmental considerations and the socio-economic impact of phosphorite mining in Estonia, focusing on the production of phosphoric acid. Geological Survey of Estonia director Sirli Sipp Kulli said: 'AFRY has a solid Nordic engineering heritage with understanding of local conditions and the highest environmental and sustainability requirements. 'Through this study, we aim to build a comprehensive understanding of how Estonia's phosphorite and related resources can be utilised in a responsible and sustainable manner. Our focus is on ensuring that any potential extraction is in line with strict environmental and social considerations while providing long-term benefits to local communities, including job creation and regional economic development.' The Geological Survey and AFRY are considering both surface and underground mining methods for the project. Their joint efforts include assessing the feasibility of a beneficiation plant and the economic viability of the entire operation, from mining design to the production of merchant grade acid. Phosphate mining in Estonia could lead to job creation, attract investments and support the agricultural sector. Moreover, it would bolster Estonia's self-sufficiency in critical resources and enhance its strategic position in the global supply chain, according to AFRY. AFRY Mining & Metals head Janne Tikka said: 'We are proud to be selected as a partner for this important project that can have a remarkable impact on Estonia's economy. Drawing on our expertise, we support clients throughout the entire process, ensuring efficient and sustainable solutions. Our approach emphasises the connection between process technologies and environmental performance to drive responsible development.' In October 2024, Steel company SSAB selected AFRY as the main engineering partner for a fossil-free steel mini-mill project in Luleå, Sweden. "AFRY to lead PEA and PFS for Estonia's Toolse phosphate project" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
