Veidekke contract for Midgardsormen in Oslo
Veidekke Entreprenør AS has signed a contract with Oslo municipality, Oslo Water and Sewerage Works (VAV), for the construction of the Midgardsormen sub-project A. The contract comprises a cavern facility in connection with Bekkelaget treatment plant, and the value of the contract is NOK 234 million excluding VAT.
According to the contract, Veidekke is to build tunnels, caverns and shafts at Bekkelaget treatment plant, as well as a transit tunnel to Gamlebyen and a discharge tunnel to the sea. The contract is one of a total of eight sub-projects which combined represent the largest investment in drainage that has been carried out in Norway so far.
Start-up is planned for the winter of 2011, and construction is expected to take approx. two and a half years.
For more information about the project:
http://www.vann-og-avlopsetaten.oslo.kommune.no/stenging_av_vann/prosjekt/midgardsormen/
For more information please contact:
District Manager Kåre Strand, Veidekke Entreprenør AS, tel. +47 900 88 073, kare.strand@veidekke.no
Project Manager Neal Nordahl, Veidekke Entreprenør AS, tel. +47 909 24 464, neal.nordahl@veidekke.no
Project Manager Jan Kopperstad of with Oslo Water and Sewerage Works, tel. +47 911 62 266, jan.kopperstad@vav.oslo.kommune.no
Sub-project head Thoralf Utmo with Oslo Water and Sewerage Works, tel. +47 915 63 872, thoralf.utmo@vav.oslo.kommune.no
Veidekke is one of Scandinavia's largest contractors with 6,000 employees and a turnover of NOK 16 billion. Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates, road maintenance and recycling. 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 characterized by a decentralized organizational model with a strong corporate culture and a high degree of employee involvement. Over half the employees are co-owners, holding 20% of Veidekke'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.