Veidekke ASA: To build by Tullinløkka for Entra

Entra ASA has awarded Veidekke Entreprenør the contract to build a new university building for the Faculty of Law in the centre of Oslo. This is a turnkey contract valued at NOK 528 million, excluding VAT.

The new university building will bring together much of the University of Oslo's Faculty of Law. The project will be almost 22,000 m² in size over 10 storeys above ground plus a basement, and will facilitate a future-oriented learning environment with a suitable, flexible buildings.

"We have worked on developing the project in collaboration with Entra for the last couple of years, and are now looking forward to proceed with the good cooperation in the construction stage. Developing and building good premises for knowledge and education is one of the most important things a contractor can do, so we are very pleased that Entra has shown confidence in us and look forward to starting work," says CEO and President Arne Giske of Veidekke.

"Veidekke and Entra have worked well together during the planning of this important project and I am really looking forward to cooperate further during the realisation of the project. The development plan is now in its final stages of political consideration in Oslo municipality and we expect that the plan will be approved before Christmas, says director project and technical in Entra, Kristin Hauglund.

Through the project Entra wants to vitalize and upgrade the area around Tullinløkka by supplementing new activities to ensure a vibrant quarter with new users, street life and better communication with the rest of the city. Education, knowledge and culture with associated invigorating city activities at street level will breath new life into this part of the city centre.

Building is planned to start after the turn of the year, and the building is scheduled for completion in the autumn of 2019. For more information about the project: https://www.entra.no/projects/kristian-augusts-gate-15-19-21/152

Caption: Entras CEO Arve Regland (left) and CEO and President Arne Giske of Veidekke look forward to good cooperation on the new project in Tullinkvartalet.

For press photos, see www.flickr.com/photos/veidekke, for more information, contact:
Head of department Odd Arne Lian, tel. +47 41 66 05 56, odd-arne.lian@veidekke.no
Communications Manager Helge Dieset of Veidekke ASA, tel. (+47) 905 53 322, helge.dieset@veidekke.no
Communications Director Tom Bratlie of Entra, tel. +47 90 52 19 04, tom.bratlie@entra.no

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Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building and construction contracts, maintains roads and produces asphalt and aggregates. The company's operations are characterised by involvement and local knowledge. Revenue is NOK 24.5 billion (2015), and half of the 7,000 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.