MT Højgaard Danmark Takes Charge of Exciting Metro Expansion
MT Højgaard Danmark Secures Major Metro Tender
MT Højgaard Holding’s subsidiary, MT Højgaard Danmark, has successfully won a significant tender from Metroselskabet. This project involves the planning, development, and construction of two new metro stations situated on the M4 line, specifically in the developing area of Nordhavn in Copenhagen.
Details of the Project
This project involves early contractor involvement, showcasing MT Højgaard Danmark as the turnkey contractor. The company will partner with renowned firms Rambøll and Cobe to meticulously navigate the development, design, and construction phases. Upon the completion of a standstill period, expected to end in late September 2025, a contract will be established for a collaboration phase aimed at refining the project in close partnership with Metroselskabet.
Contract Values and Phases
Following the collaboration phase, a design and construction agreement is anticipated, which holds a projected contract value of around DKK 900 million. Construction work is set to commence in 2027, with an expected completion date in 2030, marking a significant advancement in the city’s transportation infrastructure.
Enhanced Connectivity in Copenhagen
The extension of the M4 line will upscale the metro network, linking Orientkaj Station to two newly proposed stations at Levantkaj and Nordhavn C (Tunnelfabrikken). Both stations are planned as elevated structures, ensuring smooth transport access. Passengers will benefit from a travel time of approximately 7 minutes from Nordhavn C to Østerport, and around 14 minutes to Copenhagen Central Station, considerably improving urban mobility.
Vision for the Future
Carsten Lund, the CEO of MT Højgaard Danmark, expressed enthusiasm about collaborating closely with Metroselskabet and its partners on this vital infrastructure endeavor. He noted that this project will play a crucial role in the development of Nordhavn and enhance the overall connectivity across Copenhagen in the upcoming decades. Lund is proud of the recognition reflected in this tender, which highlights MT Højgaard's solid position in early involvement projects, a segment that increasingly shapes the company’s portfolio.
Positive Outlook for the Company
Even with this new order, MT Højgaard Holding maintains its outlook for 2025, predicting revenue between DKK 10-10.5 billion and an operating profit (EBIT) of DKK 400-450 million. This new contract not only affirms the robust momentum at MT Højgaard Danmark but is also expected to positively influence the development of the business unit as well as the broader Group.
Contact Information
For further insights regarding the new metro project, you can reach CEO Rasmus Untidt and CFO Dennis Nørgaard at telephone +45 31 21 68 72.
Frequently Asked Questions
What is the scope of the metro project?
The project entails planning, developing, and constructing two new metro stations on the M4 line in Nordhavn.
Who are the partners involved in this project?
MT Højgaard Danmark is collaborating with Rambøll and Cobe for the design and engineering work.
When is the construction expected to begin?
Construction is likely to commence in 2027 and conclude by 2030.
How will this project benefit Copenhagen?
This expansion will improve urban mobility, significantly reducing travel times within the city.
What is the expected financial impact of this project?
The project is expected to contribute positively to MT Højgaard Holding's performance in the years to come.
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