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AFRY provides engineering, design, digital and advisory services to accelerate the transition towards a sustainable society. We are 19,000 devoted experts in industry, energy and infrastructure sectors, creating impact for generations to come. AFRY has Nordic roots with a global reach, net sales of 27 BSEK and is listed on Nasdaq Stockholm. Making Future

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    AFRY secures top positions in the ENR international design firms rankings for 2024

    AFRY has achieved top rankings in the Engineering News Record (ENR) top international design firms list across multiple sectors, keeping its leading position as the #1 engineering company in Pulp & Paper and being ranked #5 in Industrial Processes and #7 in Power.AFRY's commitment to delivering sustainable solutions is reflected in the latest ENR ranking. In the 2024 edition of the Top 225 International Design Firms list, AFRY proudly stands among the top 20 largest engineering companies. Across various sectors in the ENR Global Sourcebook, AFRY consistently ranks within the top 10

    Invitation to presentation of AFRY’s year-end report 2024

    AFRY invites investors, analysts and media to a presentation of the year-end report for 2024 on Friday 7 February at 10.00 CET with Linda Pålsson, President and CEO, and Bo Sandström, CFO. The report will be published at 07.00 CET on the same day.Analysts and investors who wish to ask questions are welcome to join the presentation through the Teams link below. Please use the “Raise Your Hand” feature during the Q&A session. It is also possible to follow the presentation through a webcast, without the opportunity to ask questions. Date: Friday 7 February at 10.00 CET Teams link:

    AFRY provides technical consultancy for Iceland’s first large-scale wind farm

    Landsvirkjun, Iceland’s state-owned energy company, has selected AFRY as its trusted technical partner to provide owner’s engineering services for the construction of Búrfell wind farm in Iceland. The project will be the first utility-scale wind power project in the country.Landsvirkjun is expanding Iceland's energy production capacity with its first wind power project in Búrfell, southern Iceland. The wind farm, featuring 28 turbines with a combined capacity of 120 MW, will leverage the existing infrastructure of the Búrfell hydropower plant to minimise environmental impact and

    AFRY awarded design contract in MVM Paks Nuclear power plant in Hungary

    AFRY has been awarded a key design contract by MVM NUKA for the reconstruction of control circuits at the Hungarian MVM Paks Nuclear Power Plant (NPP). This project is part of the plant’s lifetime extension programme, ensuring the continued safe and reliable operation of one of Hungary's most critical energy facilities.MVM NUKA Ltd., the Hungarian EPC (Engineering, Procurement, and Construction) contractor, is managing the project on behalf of MVM Paks Nuclear Power Plant Ltd. The reconstruction project aims to further ensure the reliable and efficient operation of the plant. AFRY will

    AFRY secures offshore wind farm design contract in Estonia

    AFRY has been selected by Enefit Green to deliver front-end engineering design (FEED) services for the 1GW Liivi Bay offshore wind farm in the Gulf of Riga, Estonia.Offshore wind energy is a key component of Estonia’s strategy to expand its renewable energy portfolio and strengthen energy independence. The Liivi Bay Offshore wind farm is developed by Enefit Green, a leading renewable energy producer in the Baltics. The FEED phase is crucial for ensuring the wind farm’s efficient and sustainable operation. AFRY, in collaboration with its partners, the offshore energy engineering firms

    airBaltic partners with AFRY to drive maintenance excellence

    airBaltic has teamed up with AFRY to implement the cutting-edge AMOS (Aircraft Maintenance and Operational Support) system, setting a new benchmark for efficiency and innovation in aviation maintenance. This project is designed to enhance operational performance, streamline maintenance processes, and support airBaltic's ambitious growth trajectory.airBaltic is the leading airline in the Baltics connecting the region with key destinations across Europe and beyond. They have chosen AFRY as its trusted partner to lead and support the implementation of the AMOS system, a leading maintenance

    The AFRY Board appoints Linda Pålsson as new President and CEO

    The AFRY Board of Directors has today appointed Linda Pålsson as President and CEO. Linda takes on the position immediately and succeeds the former CEO Jonas Gustavsson who is leaving the company.AFRY’s Board of Directors has been working on the recruitment process of a new CEO since 9 September 2024. “I’m pleased that Linda Pålsson today has accepted the role as AFRY's new President and CEO. The merger of ÅF and Pöyry in 2019 created a unique knowledge company in the global energy and green industrial transition as well as a strong Nordic position in infrastructure. Under Jonas

    AFRY continues its journey with Norwegian Avinor through new framework agreement

    The framework agreement is nationwide and covers project management, construction management and support functions for the entire breadth of Avinor's construction and civil engineering projects.Avinor is responsible for 43 state-owned airports in Norway, in addition to the air navigation service for civil and military aviation. As such, Avinor plays a key role in managing a critical part of the country's infrastructure, which is of great importance for business, settlement, education, healthcare and tourism. Advansia, part of AFRY, has entered this new framework agreement that is

    AFRY awarded EPCM project for Arauco’s new pulp mill in Brazil

    Arauco, a global forest industry company, has awarded AFRY an EPCM (Engineering, Procurement, Construction Management) assignment for the Balance of Plant of its new greenfield pulp mill in Inocência, in the state of Mato Grosso do Sul, Brazil.Chilean forestry group Celulosa Arauco y Constitución S.A. (Arauco) will invest $4.6 billion in building a bleached eucalyptus market pulp mill in Brazil. Bleached eucalyptus kraft pulp is used in various products, including traditional paper products and hygiene products. The new pulp mill will be the world’s largest pulp mill project with the

    AFRY to design Vantaa tramway in Finland together with alliance partners

    The City of Vantaa has appointed a consortium consisting of AFRY, WSP and Sweco to design the eastern section of the Vantaa tramway. Together, the alliance parties, including GRK and Kreate as contractors, will design and build an 8.5-kilometer stretch of the tramway that will make Vantaa the fourth city in Finland to have a tramway.This alliance marks the beginning of the development phase that will run until summer 2025. The development phase involves refining design solutions, setting target costs, and preparing the schedule and tasks for the implementation phase. The Vantaa tramway

    AFRY to support ASFINAG in infrastructure rehabilitation in the Salzburg area

    AFRY has been chosen by Austrian ASFINAG for project management and site supervision in the rehabilitation and improvement of important infrastructure around the city of Salzburg.ASFINAG is an Austrian publicly owned corporation which plans, finances, builds, maintains and collects tolls for the Austrian autobahns. Within the infrastructure maintenance of an important north-south and east-west transport connection in Austria, the motorways A1 and A10 around Salzburg will be improved from 2025 until 2029.  The renewal of several motorway sections on these two highways includes the

    AFRY to support decommissioning of Norwegian nuclear facilities in new framework agreement

    Through the framework agreement, AFRY will assist the Norwegian Nuclear Decommissioning agency (NND) with competence and capacity in programme and project management services.NND is the government agency responsible for safely decommissioning nuclear facilities in Norway and developing effective solutions for the disposal of nuclear waste. Through the framework agreement, NND has secured the necessary expertise to effectively lead and execute their programmes and projects. "AFRY offers a range of services that ensure NND has access to the best expertise to tackle the challenging tasks

    AFRY appointed for the 600 MW Musakhand pumped storage project in India

    AFRY has been selected by ACME to provide tender engineering and detailed design for the 600 MW Musakhand pumped storage project in Uttar Pradesh, India. This project represents a crucial advancement in the state’s commitment to increasing renewable energy capacity.ACME Cleantech Solutions (ACME) is one of India’s leading renewable energy companies and is now the country’s largest solar power developer boasting a portfolio of over 1,500 MW. The Musakhand pumped storage project is a key component of ACME’s contribution to Uttar Pradesh's ambitious plan to transform the state into a

    AFRY to design Greenko’s large-scale Shahpur pumped storage project in India

    Greenko has entrusted AFRY with the detailed design engineering of the 1,800 MW Shahpur pumped hydro energy storage project in Rajasthan, marking a significant step towards the state’s enhanced energy resilience and advancing India’s clean energy transition.Greenko Group, India's leading renewable energy company, operates a portfolio of 7.5 GW in clean energy assets across solar, wind, and hydroelectric projects. The group is dedicated to driving the energy transition with large-scale, integrated renewable projects that combine generation with advanced energy storage. The Shahpur pumped

    AFRY becomes key partner for Norwegian Statsbygg with new framework agreement

    Advansia, part of AFRY, has been awarded a framework agreement for project management for Statsbygg. The framework agreement is nationwide and covers all types of construction projects in Norway, as well as Statsbygg's properties abroad.Statsbygg manages many of Norway’s largest and most important construction projects and is the Norwegian government’s property developer and manager. The company is responsible for the planning, construction and operation of public buildings throughout the country. "With this agreement, we can use the full breadth of our expertise to support Statsbygg in

    AFRY joins Industrikraft

    Industrikraft is a new company formed before the summer on the initiative of Alfa Laval, Boliden, SKF, Stora Enso and the Volvo Group, to support the expansion of the Swedish electricity supply. Today, AFRY joins as an equal shareholder, together with a number of other companies.The purpose of Industrikraft is to create a platform for Swedish industry to constructively contribute its perspectives and expertise on energy issues in dialogue with the state and energy companies. Today, AFRY joins together with ABB, Alleima, Billerud, Epiroc, Hitachi Energy, Höganäs, SAAB, SSAB, Södra, Vectura

    AFRY is the preferred technical partner for Neoen’s Solar farm in Ireland

    AFRY has been appointed as the owner’s engineer for a large solar photovoltaic (PV) project in Ballinknockane, Ireland, developed by Neoen. With a capacity of 79 MWp, this large-scale solar plant plays a critical role in advancing the country’s clean energy goals.Neoen, a leading independent renewable energy producer, operates a capacity of 8.7 GW across solar, wind, and storage projects worldwide, actively contributing to the energy transition. The Ballinknockane solar PV project, located in Limerick County, is projected to achieve a capacity of 79 MWp and will include a ground-mounted PV

    Findings from decarbonising the Italian pulp & paper industry study

    AFRY recently presented the findings of a study commissioned by Assocarta, the Italian paper association, outlining a net-zero roadmap for the pulp and paper sector in Italy.In early 2024, AFRY was commissioned by Assocarta to define a decarbonisation strategy for the pulp and paper sector that is in line with EU framework, country-specific conditions, and technological advancements. AFRY’s assessment outlined an overall decarbonisation roadmap for the sector, pinpointing the best available technologies, regulatory and infrastructural obstacles, and competitive levers. Additionally, AFRY

    AFRY supervises the modernisation of Peru’s largest hydro power plants

    AFRY has been chosen by Electroperú to supervise the modernisation and life extension of the Santiago Antúnez de Mayolo and Restitución hydropower plants in Peru. This initiative aims to modernise and replace systems and equipment at the two power plants to ensure operational continuity and enhance reliability. The estimated order value for AFRY is SEK 30 million.Peru’s state-owned leading power generation company, Electroperú S.A. operates the Mantaro Hydroelectric Complex, which consists of two cascade hydroelectric power plants, Santiago Antúnez de Mayolo (798 MW) and Restitución (210 MW)

    AFRY to lead feasibility study for Helen's large-scale hydrogen production plant in Finland

    AFRY has been awarded an assignment from Helen, a Finnish energy company, to conduct a comprehensive feasibility study for the potential development of large-scale hydrogen production in Helsinki, Finland.The study aims to determine the conditions under which green hydrogen production at the site in Helsinki would be feasible. The study follows a top-down design approach, starting from the overall project and plant goals and progressing to detailed engineering and discipline-specific decisions necessary to achieve those goals. The study will use the latest data to provide up-to-date market

    Interim report January-September 2024

    Improved profitability in a mixed marketThird quarter 2024 – Net sales decreased by 1.1 percent and amounted to SEK 5,993 million (6,059) – Organic growth adjusted for calendar effects was 0.1 percent (8.9) – Calendar effects had a positive impact of SEK 44 million on net sales and SEK 31 million on EBITA – EBITA, excl. items affecting comparability, was SEK 365 million (326) – EBITA margin, excl. items affecting comparability, was 6.1 percent (5.4) – EBITA totalled SEK 365 million (310) – EBITA margin was 6.1 percent (5.1) – EBIT (operating profit) amounted to SEK

    Nomination Committee for AFRY AB (publ) appointed

    The following members have, in accordance with the procedure adopted by the Annual General Meeting, been appointed to the AFRY AB Nomination Committee. Anders Snell, (Chairman of the Nomination Committee) appointed by Stiftelsen ÅForsk Caroline Sjösten, appointed by Swedbank Robur Fonder Elisabet Jamal Bergström, appointed by SEB Investment Management Lilian Fossum Biner, appointed by Handelsbanken Fonder Jan Särlvik, appointed by Fjärde AP-fonden Tom Erixon, Chairman of the Board    Shareholders who wish to submit proposals to the Nomination Committee are asked to

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