Veidekke

Regulatory Filings • Nov 4, 2024

Veidekke: Contract with Fornebubanen valued at almost NOK 1.8 billion

Veidekke: Contract with Fornebubanen valued at almost NOK 1.8 billion

Today, Veidekke has signed a contract with Fornebubanen to build the new metro

stations at Lysaker and Vækerø. The commission is an execution contract valued

at close to NOK 1.8 billion excluding VAT.

"We appreciate the confidence Fornebubanen has shown in us and are looking

forward to carrying out yet another large and socially important mission

together. Building good and environmentally friendly transport solutions that

are important to the population of the Oslo area is something we really

appreciate doing," says Director Neal Nordahl with Veidekke Anlegg.

The commission to build the two underground stations involves extensive concrete

and platform work. In addition, the construction of an access building and

technical installations such as escalators, lifts and technical rooms are

included. Landscaping in the station areas is also part of the contract.

"This is a major milestone for Fornebubanen. Construction of the new metro

stations at Lysaker and Vækerø are important steps on the way to a new metro

service that will benefit both residents and visitors to Oslo and Akershus.

Veidekke submitted the best tender in terms of price, environment and quality,

and we are looking forward to professional cooperation with their competent

team," says Irene Måsøval, Director of Fornebubanen.

Construction work is set to start in February 2025 with completion in the summer

of 2028. More about Fornebubanen here. (https://www.oslo.kommune.no/slik-bygger

-vi-oslo/fornebubanen/#gref)

The commission is included in Veidekke's order book for the fourth quarter of

For further information, please contact:

Ane Vestre, Project Director of Veidekke Anlegg, tel. +47 92 40 61 05, ane

-kari.vestre@veidekke.no

Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22,

helge.dieset@veidekke.no

Communications adviser Andreas Faye-Schjøll with Fornebubanen, tel. +47 91 68 85

18, andreas.faye-schjoll@fob.oslo.kommune.no

Veidekke's press photos (https://urldefense.proofpoint.com/v2/url?u=https

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Veidekke (http://www.veidekke.no) 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. Annual

turnover is approx. NOK 43 billion, and almost 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.