Veidekke: Settlement reached in the dispute over the E39 Svegatjørn–Rådal project in Bergen
Veidekke and the Norwegian Public Roads Administration have agreed on the final settlement of the E39 project between Os and Rådal outside Bergen. For Veidekke, the settlement will result in a NOK 110 million loss and positive cash flow in the amount of NOK 300 million. The loss will be recorded in Q1 2023.Veidekke and the Norwegian Public Roads Administration entered into an agreement on construction of the project E39 Svegatjørn–Rådal in the summer of 2015. Work on the project was finished in 2020 and the road opened to traffic in autumn 2022. The parties have disputed several elements of