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The latest announcement is out from Multiconsult ASA ( (DE:3MC) ).
Multiconsult Norge AS has been nominated as one of four engineering consultancies for a new framework agreement with the Norwegian Water Resources and Energy Directorate for planning and designing flood and erosion protection measures nationwide. The deal, which can run for up to four years, is valued at up to NOK 300 million across all suppliers and will draw on Multiconsult’s hydrology and river hydraulics expertise, potentially strengthening its role in Norway’s climate and flood-risk mitigation efforts.
The framework agreement allows work to start immediately, covers multidisciplinary engineering services and includes both direct awards for smaller tasks and mini-competitions for larger assignments above NOK 2.5 million. Although there is no minimum purchase obligation from NVE, the nomination underscores Multiconsult’s established competence in flood and erosion risk management and could provide a solid pipeline of public-sector infrastructure work involving several of its regional offices once the standstill period ends in March 2026.
More about Multiconsult ASA
Multiconsult ASA is a Norwegian engineering and consultancy company, operating primarily through its subsidiary Multiconsult Norge AS. The firm delivers multidisciplinary engineering, design and advisory services, with particular strength in geo, water and environmental projects across Norway, serving public authorities and infrastructure clients.
Average Trading Volume: 15,865
Current Market Cap: NOK4.43B
For a thorough assessment of 3MC stock, go to TipRanks’ Stock Analysis page.