Veidekke ASA : Veidekke to build commercial building in Sola

D. Danielsen Forus AS has awarded Veidekke's subsidiary, Block Berge Bygg AS, the contract to build a logistics centre with refrigeration and freezer storage facilities and offices. This will be a turnkey contract valued at NOK 137 million, excluding VAT.

The new building will be located at Forus in Sola municipality. The building will have a total area of around 11,800 m² over four storeys. There will be around 30 workplaces in the warehouse section, while the office will accommodate a total of 93 spaces. In addition to D. Danielsen Forus AS' employees, some of the offices will be leased.

The project is a cooperative effort between the client, architects Arkitektkontoret Vest AS in Sandnes and Block Berge Bygg AS. The building will be constructed with load-bearing concrete element façades in polished concrete, and the solution provides a good basis for building an energy efficient building with energy class B.

Construction has started, and the building will be ready for takeover in October 2014.

For more information please contact:
Managing Director Yngvar Karlsen, Block Berge Bygg AS, tel. +47 51 78 99 00,
Communications Manager Helge Dieset of Veidekke ASA, tel. + 47 21 05 77 91 / 90 55 33 22,

Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of NOK 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates, and road services. Our values are professional, honest, enthusiastic and ground-breaking. 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 per cent of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.

Block Berge Bygg AS is one of Rogaland county's leading EPC contractors and a major supplier of precast concrete building elements. The company is wholly owned by Veidekke ASA and has 325 employees. It has its own concrete element factory in Klepp, outside Stavanger, and had a turnover of NOK 1050 million in 2012.

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