Veidekke ASA: Veidekke to build double track north of Stockholm

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Veidekke Entreprenad has been awarded the contract from Trafikverket to build approx. two kilometres of double track on Ostkustbanen close to Gävle, 160 kilometres north of Stockholm. The contract is valued at approximately SEK 130 million excluding VAT.

Veidekkes contract applies to the stretch from Skutskär to Furuvik, and is a part of a major improvement to increase capacity along the entire Ostkustbanen and a strategy to move transport from road to rail. The construction contract includes building three bridges, rebuilding of classified road 76 and several minor construction tasks. 

"This is an exciting and challenging project in several ways. In order to include everyone in the project, Veidekke has an involvement model that will be used in the project. Through better planning this enables us, in cooperation with the client and partners, to build more efficiently and with higher quality in a shorter time," says Project Manager Hans Perbjörs of Veidekke Entreprenad, Anlegning Øst.

Work starts in March, and is to be completed in 2016.

For more information please contact:

Project Manager Hans Perbjörs, Veidekke Entreprenad, tel. +46 70 544 98 28, hans.perbjors@veidekke.se

Region Manager Marcus C Nilsson, Veidekke Entreprenad, tel. +46 76 840 05 56, marcus.nilsson@veidekke.se

Communications Manager Helge Dieset, Veidekke ASA, tel. +47 90 55 33 22, helge.dieset@veidekke.no

 

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.

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

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