New infrastructure contracts for Veidekke on Norra Länken ring road in Stockholm
Veidekke Entreprenad AB has been awarded the contract for two tunnel projects on the Norra Länken (Northern Link) in Stockholm by the Swedish Public Roads Administration. These contracts are worth a total of just under MSEK 1 bn.
The contracts cover the construction of two motorway tunnels and access ramps. Veidekke has previously built the two working tunnels for these contracts. The work includes blasting of approximately ½ million cubic metres of rock, jet grouting and shotcreting, construction of concrete bridges and other concrete structures under ground, and road construction.
"We are very proud and pleased to register the Public Roads Administration's continued confidence in us. Norra Länken is an exciting and technically challenging tunnel project. It is also very satisfying to be able to help to 'build away' the traffic congestion in Stockholm and improve conditions for the commercial community in the region," says Site Manager Konstantin Spinos.
"Our technical cooperation with our Norwegian colleagues and Veidekke's holistic thinking as regards machines and other resources play an important part in enabling us to undertake these two projects. The new contracts confirm that Veidekke has established a strong position as a tunnel contractor in the Swedish market," he continues.
"Veidekke has spent a number of years investing in and strengthening its heavy construction operations in order to be able to meet the scheduled infrastructure boost in the Stockholm area," says Per-Ingemar Persson, Managing Director of Veidekke Sverige AB.
The work will commence in the spring of 2008 and the estimated construction period is three years.
For more information, please contact:
Veidekke Sverige AB, Managing Director Per-Ingemar Persson, telephone +46 705 144 240
Veidekke Entreprenad AB, Regional Manager Per Brinck, telephone +46 706 000 581
Veidekke Entreprenad AB, Site Manager Konstantin Spinos, telephone +46 733 55 99 24
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 15% 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 Entreprenör AB, Anläggning Öst, undertakes road and heavy construction contracts in the Stockholm/Mälardalen area, and carries out major heavy construction contracts within infrastructure in the Middle and North of Sweden. The company undertakes underground work such as road and railway tunnels; construction of hydro electric power plants, industrial plants, bridges, harbours, quays, roads and excavation works.