Østereng Gruppen is based in Kristiansand and is a player in stationary trade. The company has a 49% stake in Frisk Bris Holding, which shows a connection to a wider business network. Østereng Gruppen comprises several subsidiaries, including Panterra AS and Industri og Offshoreteknikk AS, which offer specialized services within machining, welding, assembly and testing, with a particular focus on offshore, renewable energy and the process industry.
Panterra AS has a turnover of approximately NOK 35 million and employs 25 people, while Industri og Offshoreteknikk AS specializes in design and construction, with a turnover of approximately NOK 2.5 million and two employees. The company also conducts its own product development work, which includes design and patent rights, which indicates a commitment to innovation and development within their respective fields.