Ratos company HENT signs major contract to build 70,000 square metres of office premises in Stavanger

2022-06-21

The construction company HENT has been appointed as general contractor for the Valhall project, where 70,000 square metres of modern, flexible and energy-efficient office premises will be completed in the middle of 2025 in Jåttåvågen, Stavanger. The land is owned by Hinna Park Utvikling (HPU), and the buildings will be, among other things, home to the new headquarters of Aker BP and Aker Solutions in Stavanger.

The project, which is worth NOK 2 billion, will be carried out with HENT as general contractors after a collaboration phase within HENT's "Project agreement model".

Ratos strongly believes in partnering and collaboration in construction contracts. Partnering leads to more satisfied customers, lower total costs for customers and significantly fewer miscommunications.

“As the company’s owner, we are proud that HENT will be involved in building another landmark in an important region in Norway. We will do our utmost to live up to the trust invested in us,” says Christian Johansson Gebauer, Chairman of the Board of HENT and President, Business Area Construction & Services, Ratos.

“We are very pleased that after a good and constructive phase of collaboration, we can realize the project as general contractors. The building will, in line with the best sustainability standards, be certified to BREEAM Excellent and WELL GOLD and thus become an office building adapted to current and future sustainability requirements. Rogaland is a region that HENT will continue to invest in moving forward,” says Jan Jahren, CEO of HENT.


For further information and media contact:
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21

About Ratos
Ratos is a business group consisting of 14 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2021, the companies have approximately SEK 25 billion in net sales. Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.