Catena to invest NOK 74 M in three owned Norwegian automotive facilities
Catena has decided to invest NOK 74 M in three automotive facilities in Norway to strengthen its presence in the Oslo growth region. In addition, a 15-year lease was signed.”This is another step in line with our strategy of having strong establishments in the four large growth areas in the Nordic region: Stockholm, Göteborg, Öresund and Oslo – areas which suit us well with regard to our expertise and customer profile,” says Peter Hallgren, President of Catena.About NOK 54 M is being invested in a multi-brand facility for Bilia in Drammen, directly west of Oslo. Concurrently, a 15-year