28.06.2016 16:04:45

Veidekke ASA: To build new Revetal secondary school

Veidekke Entreprenør has entered into a contract with Re municipality to build the new Revetal secondary school that will accommodate 450 pupils in Re municipality in Vestfold. This is a turnkey contract valued at NOK 145 million, excluding VAT.

"Veidekke has built a number of public and private buildings at Revetal, and we are pleased and proud to have won the demanding competition for this school building. It's important to Veidekke to build projects in different categories, and our extensive experience with school projects contributed to us winning," says Lars N. Hjertås, district manager of Veidekke Entreprenør in Telemark/ Vestfold.

The contract was signed following a concluded collaborative stage. Re municipality has developed a good and coordinated plan for the process, which meant that permission to commence was provided more or less the same day that the municipal council decided to award Veidekke the contract. The school will be ready for the start of the 2017/2018 school year.

"Building good schools is among the most meaningful and motivating things we are involved in. We're looking forward to good cooperation with Re municipality, their consultants and our suppliers on this project, and will start construction work immediately," Hjertås concludes.

 

Caption: Mayor Thorvald Hillestad of Re municipality (left) accepts Veidekke's thanks for the contract from district manager Lars N. Hjertås.


For press photos, see www.flickr.com/photos/veidekke, for more information, contact:
Project Manager Jostein Ekeberg, tel. +47 91 69 76 90, jostein.ekeberg@veidekke.no
District Manager Lars N. Hjertås, tel. +47 92 29 71 29, lars.hjertas@veidekke.no
Communications Manager Helge Dieset, tel. +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 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.

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



This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Veidekke ASA via Globenewswire

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