Veidekke to build at Tjuvholmen
Veidekke Entreprenør AS has been awarded the contract to build homes and business premises at Tjuvholmen in Oslo for Tjuvholmen Utvikling AS. Covering 7,400 sqm in all, the buildings are turnkey projects. Total value of the contract is NOK 143 million excluding VAT.
Two buildings are to be erected on the waterfront, currently termed building 86 and building 87. Building 86 will have business premises on the ground and first floors and 38 flats from the second to the eighth floors. The building will be constructed of in situ concrete with façades of copper and panelling.
Building 87 will also have business premises on the ground and first floors, while there will be 40 flats from the second to the eighth floors. This building will be constructed of in situ concrete with metal and stone façades.
Work will start in early August 2011 and be completed by Christmas 2012.
For more information please contact:
Project manager Trond Erik Sveen, Tjuvholmen Utvikling AS, tel. +47 971 95 177, tes@tjuvholmen.no
District Manager Hans Olav Sørlie, Veidekke Entreprenør AS, tel. +47 21 05 50 00, hans-olav.sorlie@veidekke.no
Project manager Kristoffer Jansen, Veidekke Entreprenør AS, tel +47 950 31 365, kristoffer.jansen@veidekke.no
Communications Manager Helge Dieset, tlf 21 05 77 91 / 90 55 33 22, helge.dieset@veidekke.no
Veidekke is one of Scandinavia's largest contractors with 6,100 employees and a turnover of NOK 16.3 billion (2010). 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 almost 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.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.