List of Top 5 Construction Companies in Norway

Wednesday, 30 August 23, 07:10

The construction industry holds a significant place in Norway's economy, contributing to employment, investment, and infrastructure development. It encompasses various sectors, including residential, commercial, civil engineering, and industrial construction.

Residential construction is driven by population growth, urbanization, and housing demand. In Norway's cities, there has been a focus on sustainable urban planning, energy-efficient housing, and modern architecture. Commercial construction involves the development of office buildings, shopping centers, and other business-related infrastructure. Industrial construction includes facilities like factories, warehouses, and research centers. Both sectors are influenced by economic conditions and business expansion.

Infrastructure projects play a vital role in connecting different parts of the country and fostering economic growth. Norway has invested in road networks, tunnels, bridges, ports, and public transportation systems. The industry contributes to enhancing connectivity, particularly in remote areas. Given Norway's focus on renewable energy, the construction industry is involved in developing infrastructure for hydropower, wind power, and other sustainable energy sources. The construction of energy-efficient buildings and structures is also a priority.

The construction industry in Norway, like in many developed countries, is adopting digital technologies such as Building Information Modeling (BIM), prefabrication, and automation. These technologies improve project efficiency, collaboration, and accuracy. The Norwegian government supports the construction industry through various policies and initiatives. Investment in infrastructure projects and sustainable development is a key focus. Public-private partnerships are also encouraged for certain projects.

List of top 5 construction (EPC) companies in Norway




2022 Annual Revenue

(Million EUR)

Market Cap (Million EUR)


Aker Solutions ASA





AF Gruppen ASA





Norconsult AS





Multiconsult ASA





Aibel AS




Aker Solutions ASA

Aker Solutions is a multinational company that provides end-to-end solutions for energy, oil, and gas projects. It is one of the largest EPC companies in Norway providing mega energy and oil & gas infrastructure projects to its clients based worldwide.

Project By Aker Solution

The company was founded in 1841 and has its headquarters in Fornebu, Norway. Aker Solutions specializes in providing engineering, design, and technology solutions for various segments of the energy industry, including offshore oil and gas production, subsea field development, and renewable energy.

The company's services encompass the entire lifecycle of an energy project, from front-end engineering and design (FEED) to construction, installation, and maintenance. Aker Solutions has been involved in the development of numerous offshore oil and gas fields, subsea production systems, and other related technologies.

Throughout its history, Aker Solutions has been part of various major projects and has played a significant role in advancing the oil and gas sector's capabilities. It has also adapted its expertise to support emerging energy trends, such as the development of renewable energy solutions like offshore wind farms.

Also Read: List of Top 7 Construction Companies in Spain

AF Gruppen ASA

AF Gruppen ASA is a Norwegian construction and industrial company that operates within various sectors of the construction and infrastructure industry. AF Gruppen was founded in 1985 and has its headquarters in Oslo, Norway. Over the years, the company has grown to become a significant player in the Norwegian construction and industrial sectors.

AF Gruppen offers a wide range of services and expertise across different areas:

  • Construction: The company is involved in various construction projects, including commercial and residential buildings, infrastructure, and public facilities.
  • Civil Engineering: AF Gruppen specializes in civil engineering projects, such as roads, bridges, tunnels, and other vital infrastructure elements.
  • Property Development: The company engages in property development projects, including residential, commercial, and industrial properties.
  • Energy and Environment: AF Gruppen is active in the energy and environmental sectors, focusing on areas like hydropower, renewable energy, waste management, and environmental solutions.

AF Gruppen is known for its involvement in a wide range of projects, including infrastructure construction, building projects, and environmental solutions. The company's activities cover everything from road and rail construction to housing and commercial building projects. They are also engaged in activities related to energy and the environment, such as waste management and recycling.

AF Gruppen's operations span across multiple Scandinavian countries, and it has a reputation for delivering projects on time and with a focus on quality and sustainability. The company's diverse portfolio and capabilities have allowed it to participate in various significant projects in the construction and infrastructure sectors.

Also Read: List of Top 7 Construction Companies in Sweden

Norconsult AS

Norconsult AS is a Norwegian multidisciplinary consulting engineering and design firm that provides a diverse range of services within the fields of engineering, architecture, planning, and environmental studies. As of my last update in September 2021, here's a detailed overview of Norconsult AS:

Norconsult was established in 1929, making it one of the oldest engineering consulting firms in Norway. The company's roots can be traced back to the foundation of Norges Rådgivende Ingeniørers Forening (NRI), the Norwegian Association of Consulting Engineers, which aimed to promote collaboration and knowledge exchange within the engineering community.

Norconsult offers an extensive array of services that span multiple sectors and disciplines, positioning itself as a one-stop solution provider for a diverse range of projects.

  • Engineering and Design: Norconsult excels in various engineering disciplines, such as civil, structural, mechanical, electrical, and environmental engineering. The firm's engineering expertise is employed in designing infrastructure, buildings, and industrial facilities.
  • Architecture and Planning: The architectural division of Norconsult focuses on delivering innovative and sustainable designs that integrate seamlessly with the natural and built environment. Urban planning, landscape architecture, and architectural design are some of the areas of expertise.
  • Energy and Environment: Norconsult is a significant player in the energy sector, with capabilities in hydropower development, renewable energy projects, energy efficiency solutions, and environmental impact assessments.
  • Transportation: The firm has a strong presence in transportation infrastructure, including roads, railways, airports, and maritime facilities. Its transportation experts contribute to efficient and safe mobility systems.
  • Water and Wastewater: Norconsult's expertise in water management covers water supply, wastewater treatment, flood protection, and sustainable water resource management.

Norconsult's projects have left a lasting impact on Norway's infrastructure, urban development, and sustainability initiatives. The company has been involved in major projects ranging from iconic buildings and landmark structures to complex transportation networks and energy installations. Its contributions extend beyond Norway's borders, with international projects that reflect its commitment to global engineering excellence.

While rooted in Norway, Norconsult has expanded its presence internationally. The firm's global footprint includes projects and collaborations in various countries, demonstrating its capacity to adapt its expertise to diverse cultural, environmental, and regulatory contexts.

Also Read: List of Top 7 German Construction Companies

Multiconsult ASA

Multiconsult ASA is a Norwegian engineering and consulting company that provides a wide range of services within the fields of engineering, architecture, environmental studies, and project management.

Multiconsult was established in 1908, and over the years, it has grown to become one of the leading engineering and consulting firms in Norway. The company is headquartered in Oslo, Norway, and it operates both domestically and internationally.

Multiconsult offers comprehensive services across multiple sectors and disciplines:

  • Engineering and Design: The company covers various engineering disciplines, including civil, structural, mechanical, electrical, and geotechnical engineering. Multiconsult's engineering expertise is applied to projects such as buildings, infrastructure, and industrial facilities.
  • Architecture and Planning: Multiconsult's architects and planners work on designing aesthetically pleasing and functional spaces, considering factors like sustainability, urban planning, and landscape architecture.
  • Energy and Environment: The firm has a presence in the energy sector, including renewable energy projects, power distribution, and environmental impact assessments. Multiconsult is known for its work in hydropower and other renewable energy sources.
  • Infrastructure and Transportation: Multiconsult is involved in the planning, design, and implementation of transportation infrastructure, including roads, railways, airports, and ports.
  • Environmental and Social Studies: The company conducts studies to assess the potential environmental and social impacts of projects, helping clients make informed decisions while adhering to regulations and sustainability standards.

Multiconsult operates not only within Norway but also has a presence in various international markets. The company's global projects showcase its ability to adapt its expertise to different cultural and regulatory contexts.

Also Read: List of Top 7 UK Construction Companies

Aibel AS

Aibel AS is a Norwegian company that specializes in providing engineering, construction, and maintenance services primarily to the energy and oil and gas industries. Aibel is renowned for its expertise in the offshore industry, having been involved in the design, construction, and maintenance of numerous offshore platforms, drilling rigs, and production facilities.

Aibel was established in 2000 through the merger of two major Norwegian companies, ABB Offshore Systems and Umoe Olje og Gass. The company has its headquarters in Stavanger, Norway. Aibel has a rich history in the energy sector, with roots in the development of offshore oil and gas facilities.

Aibel offers a comprehensive range of services across various stages of energy projects:

  • Engineering and Design: The company provides engineering solutions for offshore and onshore facilities, including design, modeling, and planning.
  • Construction and Fabrication: Aibel is involved in the construction and fabrication of complex structures such as offshore platforms, modules, and other components.
  • Maintenance and Modifications: A significant part of Aibel's work involves the maintenance, upgrade, and modification of existing energy installations to ensure operational efficiency and safety.
  • Renewable Energy: Aibel has expanded its focus to include renewable energy projects, particularly within offshore wind. This aligns with the industry's transition towards cleaner energy sources.

While Aibel is headquartered in Norway, it has operations and projects in various locations around the world. The company's international footprint underscores its ability to work in different regions and collaborate with a global client base.

Aibel has been involved in several high-profile projects within the energy sector, including the design and construction of offshore platforms, modification of existing installations, and participation in renewable energy initiatives.

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Why is this list of the largest Norwegian EPC companies important?

This list is important for Building/Project Owners, Clients, Engineers, Subcontractors, Construction Project Managers, Building Material Suppliers, and Architects. A compiled list of the most reputable and reliable construction companies in Norway can allow you to identify the best relevant partners and address them directly for your next project.

If you want more information on the largest construction/EPC companies in the world, check out our publication here.

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P.S.: Visit our syndicated reports sections to get in-depth insights into Norway’s Solar Power Market.