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MT Højgaard Holding A/S Collaborates with Grundfos on New Project

MT Højgaard Holding A/S Collaborates with Grundfos on New Project

MT Højgaard Holding A/S Announces New Construction Project

MT Højgaard Holding’s business unit MT Højgaard Danmark has reached an exciting agreement with Grundfos to construct a modern domicile spanning 13,000 square meters in Bjerringbro. This collaboration marks a significant step forward in providing a new home for the company's operations.

Details of the New Domicile

As of 2023, MT Højgaard Danmark had already entered into a preliminary agreement for the project. This was contingent upon revisions to the district planning, which have now been successfully completed, thus rendering the contract unconditional.

Design and Sustainability Goals

The planned domicile will feature five stories and is designed to accommodate up to 660 employees. This building will be a part of a comprehensive campus initiative that Grundfos is designing for the surrounding area. A central focus of this project is to achieve a minimal climate footprint. The goal is to have the building certified at the DGNB Platin level and also meet stringent LEED Platinum standards. Renowned AART architects have created the design, with Niras serving as the engineering consultant for this venture.

Timeline for Construction

Construction activities are slated to commence in the first quarter of 2025, with the anticipated completion expected by the second quarter of 2027. This schedule underscores MT Højgaard's commitment to delivering innovative construction solutions within an efficient timeframe.

Leadership Comments on the Project

Carsten Lund, the CEO of MT Højgaard Danmark, expressed enthusiasm about the project, stating, “We are pleased that we have been selected to construct Grundfos’ new domicile, where our own production, including within foundations, shell structures, and soil and concrete, will play a key role in the construction process. The project has been in process for a long period of time, and we are proud to be able to add this to our order book. We are looking forward to a close cooperation with Grundfos on the project.”

Impact on Future Prospects

This significant project is expected to have a positive impact on MT Højgaard Holding’s financial outlook for 2025. The company plans to disclose further details during the annual report announcement scheduled for February 20, 2025. With this addition to their portfolio, MT Højgaard Holding continues to demonstrate its commitment to impactful construction projects and sustainable development.

Contact Information

For further inquiries, interested parties can reach out to CEO Rasmus Untidt or CFO Dennis Nørgaard at telephone +45 31 21 68 72.

Frequently Asked Questions

What is the purpose of the new domicile being built?

The new domicile will serve as a modern workplace for Grundfos, accommodating around 660 employees in an innovative environment.

When will construction of the domicile start?

Construction is set to begin in the first quarter of 2025.

What are the sustainability goals for the new building?

The project aims for both DGNB Platin and LEED Platinum certifications to minimize its climate footprint.

Who are the key players involved in the project?

MT Højgaard Danmark is responsible for construction, while AART architects and Niras are involved in the design and engineering aspects of the building.

How will this project affect MT Højgaard Holding’s financial outlook?

The project is expected to contribute positively to MT Højgaard Holding’s outlook for 2025, reflecting a solid addition to their order book.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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