Seltor Gruppen AS is Telemark's oldest construction company and is located in Telemark/Vestfold, Buskerud and Oslo. We have the entire Eastern Norway region as our geographical catchment area, with the expertise and capacity to take responsibility for the entire construction process from idea to handover. Seltor Gruppen AS is a modern, innovative construction company with a turnover in 2022 of approximately NOK 1.4 billion and 160 employees divided between Seltor AS and Seltor Bolig AS.
Råmunddal Møbelfabrikk was founded in Telemark in 1936 by Sveinung Råmunddal. In 1957, when the post-war period created demand for housing, the company bought a sawmill in Lårdal and started producing houses. In 1972, the company expanded with another production unit in Seljord.
Gunnar Råmunddal took over operations and in 1973 he changed the company name to SELTOR after the first letters of Seljord, Tokke and Råmunddal. He streamlined the construction business and established the current head office in Porsgrunn in 1983. He defined the company's core values as: Security, honesty and long-term thinking, internally referred to as TÆL.
In 2007, Stian Råmunddal expanded the business to the Oslo area and with Seltor Øst, new market opportunities were identified within residential development. In 2009, Seltor Bolig AS was founded to manage the company's real estate interests. The following year, Høvik Anlegg was acquired and in 2013 Stian Råmunddal took over as managing director and principal owner.
As Seltor Øst served large parts of Eastern Norway from Hamar in the north to Drammen in the south, it was natural to merge with Seltor in Porsgrunn to cover the entire market down to Kristiansand.
In 2015, Seltor Øst was merged with Seltor AS and further expanded with a separate department in Drammen.