Yesterday Veidekke Entreprenør signed a contract to carry out the ground and blasting works for the new main sewage treatment plan in Os municipality. The value of the contract is NOK 112 million excluding VAT.

 

The contract includes blasting access, a cavern and a discharge tunnel totalling around 100,000 cubic metres of rock. Veidekke will additionally carry out ground works such as earth moving and levelling, and establish infrastructure such as trenches and water and drainage facilities at Ytre Moberg and in Greidalen.

 

"This is an important project for Veidekke. In the current tough climate it is good to demonstrate that we once again are competitive in everything from major complex transport projects such as the E-39 road, to more basic rock blasting jobs such as this. Dialogue with Os municipality indicates constructive and good cooperation, and we look forward to starting work," says project manager Jostein Veåsen of Veidekke.

 

Work will commence in October and is slated for completion by February 2017.

The contract is included in Veidekke's order backlog for Q2.

 

 

For press photos, see www.flickr.com/photos/veidekke:
http://www.flickr.com/photos/veidekke, for more information, contact:
Project manager Jostein Veåsen, tel. +47 93 00 28 47, jostein.veasen@veidekke.no:
mailto:jostein.veasen@veidekke.no
Communications Manager Helge Dieset, tel. +47 90 55 33 22, helge.dieset@veidekke.no:
mailto:helge.dieset@veidekke.no

Subscribe to notices from Veidekke:
http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/

 

 

Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of construction and civil engineering contracts, maintains roads, and produces asphalt and aggregates. The company is characterised by involvement and local knowledge. Revenue is almost NOK 24 billion (2014), and half of the 6,400 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
HUG#1946775

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