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Veidekke ASA: New construction contract for Veidekke in Stockholm


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-03-01 11:44:23 -

Veidekke Entreprenad has been commissioned byAB Storstockholms Lokaltrafik (SL)
to perform foundation and concrete work for a new tram depot at Lindingö outside
Stockholm. The value of the contract is SEK 150 million excluding VAT.

 "We are pleased to have been given the confidence and opportunity to further
develop our good cooperation with SL. We had a major contract in connection with
construction of Tvärbanan in Stockholm a couple of years ago (approx. SEK 440
million). We are also very pleased that our collaborative model is appreciated
and preferred," says Anders Bergsten with Veidekke Entreprenad Anläggning Öst.

The new tram depot will be next to AGA station and shall be designed to
accommodate 30 town trams operating on the Lidingö line. Construction will start
in April, and Veidekke's part of 
the project will be completed in May 2015. Press photos For more information please contact: Marcus C Nilsson, Regional Manager Veidekke Entreprenad Anläggning Öst, +46 768 40 05 56 Anders Bergsten, Project Manager Veidekke Entreprenad Anläggning Öst, +46 768 40 11 66 Communications Manager Helge Dieset, tel. +47 21 05 77 91 / +47 90 55 33 22, helge.dieset@veidekke.no  Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates and road maintenance. 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 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% of the Group'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. Press photo: hugin.info/172/R/1682082/550122.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Veidekke ASA via Thomson Reuters ONE [HUG#1682082]


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