tiprankstipranks
Company Announcements

AF Gruppen’s Aeron Secures HVAC Contract for Green Steel Facility

Story Highlights
AF Gruppen’s Aeron Secures HVAC Contract for Green Steel Facility

AF Gruppen ASA ( (AGRUF) ) has issued an announcement.

AF Gruppen’s subsidiary, Aeron, has secured a contract with Stegra, a steel manufacturer, to provide HVAC systems for Stegra’s new facility in Sweden. This facility will focus on producing green steel using environmentally friendly methods, aiming to produce 5 million tons annually by 2030. The project highlights AF Gruppen’s commitment to renewable energy and is expected to complete by 2025.

More about AF Gruppen ASA

YTD Price Performance: 0.0%

Average Trading Volume: 1,075

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.42B

See more insights into AGRUF stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1