Veidekke ASA : Veidekke with new contracts worth more than NOK 167 million in Follo/Indre Østfold

Veidekke Entreprenør has during the course of the spring won new contracts in the Follo/Indre Østfold region totalling NOK 167 million excluding VAT. "We are very pleased with the contracts we have signed this spring. However, we are still experiencing strong competition for contracts for both residential and commercial buildings," says district manager Per-Inge Heen with Veidekke Follo/indre Østfold.

New projects in Follo:

  • Four bedsit buildings with a total of 241 beds starting in May for SiÅs (University Foundation for Student Life in Ås at the Norwegian University of Life Sciences). Due for completion at start of school year in 2014. This comes in addition to the 254 student bedsits to be completed by the start of the school year in 2013.
  • Ås Kvartal 1, housing project for Åstorget Bolig AS (Veidekke Eiendom and Urbanium). Starting in May and due for completion in June/July 2014. This is the first block of a total of 3 blocks.
  • New commercial building with workshop/warehouse and offices for Busch Vakuumteknikk AS in Drøbak. Completion due for September 2013.
  • Remodeling work in the production premises for meat production in Eidsberg for Nortura Hærland. Work has started and will be completed in the spring of 2014.

 Press photo

For more information please contact:
District Manager Per-Inge Heen, Veidekke Entreprenør AS, tel. +47 90 15 12 91, per-inge.heen@veidekke.noCommunications Manager Helge Dieset of Veidekke ASA, tel. +47 21 05 77 91 / +47 90 55 33 22,



Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates and road maintenance. Our values are professional, honest, enthusiastic and pioneering. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterised by a strong corporate culture with employee involvement and co-ownership as important cornerstones. More than half of the employees are co-owners, holding around 20% of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has never declared a loss since it was founded in 1936.

 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


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