Veidekke

Regulatory Filings • Nov 22, 2024

Veidekke: To build infrastructure project in Gothenburg for the Swedish Transport Administration

Veidekke: To build infrastructure project in Gothenburg for the Swedish Transport Administration

Veidekke has been contracted by the Swedish Transport Administration to build

Stage 1 Lundbyleden-Brunnsbo station in Gothenburg, an infrastructure project to

the north of Lundbyleden. The execution contract is valued at approx. SEK 997

million.

The contract comprises foundation and civil engineering works for the

Lundbyleden-Brunnsbo station section, which will include two railway bridges and

a road bridge as well as piled foundations, retaining walls and the lifts at

Brunnsbo station. Production in the project will begin in 2025, and all four

contracts that make up Lundbyleden are scheduled to be completed by 2029/2030.

"We are looking forward to contribute to improving infrastructure that

simplifies everyday life for people in Western Sweden. We have worked with the

Swedish Transport Administration on many successful projects before, and I am

confident that this will be yet another," says Fredrik Indevall, Regional

Manager at Veidekke Infrastructure Sweden.

The rebuilding of Lundbyleden is part of the "West Sweden package" (Västsvenska

paketet) project, which comprises comprehensive transport infrastructure

investments. The goal is to make it easier to get around by train, bus, tram,

bicycle and car, make public transport a more attractive option and provide

businesses in Western Sweden with more reliable transport solutions.

Read more about Lundbyleden (https://bransch.trafikverket.se/en/e6-lundbyleden).

The contract is included in the Q4 2024 order book.

For more information, contact:

Jørgen Wiese Porsmyr, CFO Veidekke ASA, ph. +47 907 59 058

Caption: The illustration shows Brunnsbo station's northern entrance, as seen

from Backavägen. (Source: Trafikverket)

Veidekke press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

Veidekke is one of Scandinavia's largest contractors. In addition to undertaking

all types of building and civil engineering assignments, the group also

maintains roads and produces asphalt and aggregates. Veidekke emphasises

stakeholder involvement and local experience. Its annual turnover is

approximately NOK 43 billion, and half of its 8,000 employees own shares in the

company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit

every year since its inception in 1936.