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06 December 2024

Daily Newsletter

06 December 2024

LINK Arkitektur and 5E Byg selected for hospital project in Denmark

The project will be executed under an integrated cooperation model.

sathya December 06 2024

The Danish subsidiary of Multiconsult, LINK Arkitektur, in collaboration with 5E Byg, has been chosen for a significant hospital expansion project in Regionshospitalet Randers, Denmark.

The project, which will introduce 22,000m² of new treatment and patient facilities, stands as one of Denmark's most substantial hospital expansions.

It will be executed under an integrated cooperation model, with a total target price of DKr745m ($105.35m).

This project marks a pivotal development for LINK Arkitektur in the Danish market, as it aims to provide cutting-edge hospital facilities that will enhance the experiences of both patients and healthcare staff.

The expansion is scheduled to begin in February 2025 and is expected to reach completion by the end of 2032.

The team selected for this project includes LINK Arkitektur as the project manager, working in conjunction with 5E Byg and supported by subcontractors Ingeniør'ne and Langebæk.

The contract's nomination is currently undergoing a standstill period, which is set to expire on 17 December 2024. This pause is standard procedure to ensure transparency and fairness in the procurement process.

In November, Multiconsult, a Norwegian company specialising in engineering, architecture, and design consulting, reported a substantial increase in its third-quarter earnings for 2024.

The company's earnings before interest, taxes, and amortisation (EBITDA) reached Nkr102.9m, a notable climb from the previous year's Nkr29.2m, resulting in an EBITA margin of 9.0%.

This financial growth underscores Multiconsult's robust performance and its subsidiary's potential in the Danish market.

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