A story about proactive ownership

The Selvaag history is  the story of a company  and  a family who is motivated by and engaged by mutual ambitions and values:  Concern and Creativity.

During the 60 years since the company was established, these values have been a continuous basis for the company’s activities and for the family’s future planning. 

The entrepreneur Olav Selvaag

In 2012 Selvaag will celebrate the 100th birthday of our founder, Olav Selvaag.

The Ekeberg house, which was finished in 1948, was the basis of OS becoming a well know figure in Norway.  His extraordinary capacity for innovation and his concern for a society which needed reconstruction after the 2.nd World War,  led him to a total remodeling  of Norwegian housing construction. 

The industrialist OGS

Under OGS’ leadership (1986 – 2010) , Selvaag experienced a considerable growth in volume and assets.  OGS developed the company through his  role as a pioneer within commecialised housing construction on a large scale, establishing  new housing concepts in the Oslo area.

 His personal engagement in arts is behind the company’s extensive engagement  within fine arts.

The third Selvaag generation

Since 2008 the third generation of the Selvaag family has  been playing an active part in the Selvaag company;   Olav Hindal Selvaag   through his role as Executive Vice President  for Residential and Project  Development,  and Gunnar Frederik Selvaag as Executive Vice President for Capital Investments.

 Milestones

2012      Selvaag Bolig is quoted on the Oslo Stock Exchange.

2011      Selvaagbygg is sold to Betonmast AS

2011      The merger  between Selvaag Bolig  2010,  Hansa Property AS and  
                Selvaag Pluss Eiendom KS takes place

2010       Selvaag Prosjekt is established

2009      Selvaag Corporate (owner percentage 60%)   is established

2009      Karsten Bomann Jonsen takes over as CEO after Ole Gunnar Selvaag

2008      Olav Hindal Selvaag and Gunnar Frederik Selvaag  are appointed  Executive Vice presidents

2004      The Peer Gynt Sculpture park opens at Løren/Oslo

2004     The concept ” Plussboliger” is launched

2003      Tjuvholmen KS is  established in cooperation with Aspelin Ramm  in order to develop
               and build the newest  residential area, Tjuvholmen, on Oslo’s seafront

2002      Olav Selvaag passes away

1993      The mini- storage-concept  of  City Self-Storage is launched

1986      Ole Gunnar Selvaag takes over as CEO