Major Refurbishment Contract for Veidekke in Stockholm

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Veidekke Bygg Stockholm AB has been awarded the contract for the refurbishment and extension of the Bocken block which is centrally situated in Stockholm. The contract has a value of approximately 300 MSEK.


Veidekke's contractual partner is Fabege AB, one of Sweden's leading property development companies focusing on offices and commercial premises. Tenants in the Bocken block include Max Matthiessen AB and Carnegie Investment Bank AB.


The construction work starts on 7 November 2007 and will be completed by 15 September 2009. The project will be executed as a partnering contract negotiated between the client and Veidekke.


For further information, please contact


Klas Holmgren, Fabege AB, phone + 46 8 555 148 26
Mikael Lidström, Veidekke Bygg Stockholm AB, phone +46 8635 61 00
Lennart Weiss, Information Manager, Veidekke Sverige AB, phone +46 8635 61 89


VEIDEKKE ASA




Veidekke ASA is a leading Scandinavian building contractor and property developer with 6,350 employees and an annual turnover of NOK 16.4 billion (2006). Veidekke is listed on the Oslo Stock Exchange. It has a wide group of shareholders and 14% of the shares are held by the company's employees. The company's activities cover a large range of building and construction contracts, development of housing and commercial projects for private and public customers, asphalt operations and road maintenance, and collection and recycling of waste.
 
Veidekke Bygg Stockholm AB undertakes new construction and renovation work of both residential and non-residential buildings, mainly in Stockholm and surrounding areas.


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