Veidekke ASA: Veidekke has signed a contract with Bane NOR

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Today, Veidekke has signed a contract with Bane NOR, The Follo Line Project, to complete concrete works in Gamlebyen, Oslo. This is the third of four contracts awarded by Bane NOR on the Follo Line since the agreement with the Italian main contractor Condotte was terminated. The contract has a value of NOK 295 million excl. VAT.

Bane NOR is building a new double track between Oslo Central Station and Ski (the Follo Line). The Follo Line is Norway's largest transport project and includes a 20-kilometres tunnel - the longest of its kind in the Nordic region. The new double track between Oslo Central Station and the public transport centre Ski constitutes the core of the InterCity development southeast of Oslo.

The contract won by Veidekke is referred to as "Klypen-Loenga", and mainly comprises concrete works relating to the Follo Line's approach into Oslo Central Station. Construction starts in August and is scheduled for completion in summer 2019. The Follo Line is scheduled for use from late 2021.

For more information about the project: http://www.banenor.no/en/startpage1/Projects/New-double-track-Oslo-Ski/

For press photos, see www.flickr.com/photos/veidekke , for more information, contact: 
Executive Vice President Øivind Larsen, +47 90 58 23 51, oivind.larsen@veidekke.no 
Project manager Svein Gunnar Ornæs, +47 95 24 06 84, svein.ornes@veidekke.no 
Communications manager Helge Dieset, +47 90 55 33 22, helge.dieset@veidekke.no

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Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building construction and civil engineering contracts, develops residential projects, maintains roads, and produces asphalt and aggregates. The company is known for its involvement and local knowledge. Its annual turnover is NOK 32 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.

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