AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Veidekke

Regulatory Filings Feb 19, 2024

3781_rns_2024-02-19_94852d6c-eb0f-4ca3-8992-7392f462b500.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

Veidekke: Another major asphalt contract, this time with Eiffage

Veidekke: Another major asphalt contract, this time with Eiffage

Veidekke has been commissioned by Eiffage Norway to produce and lay around

170,000 tonnes of asphalt on the new E18 motorway, which is under construction

between Langangen and Rugtvedt in Telemark. The contract is worth around NOK 200

million excluding VAT.

"We are proud to have won another huge contract for the production and laying of

asphalt in a major road project. Effiage is a new customer who we are looking

forward to working with, and we appreciate the commission and the trust they

have shown in us," says Martin Holmqvist, director of Veidekke Asfalt.

Eiffage Norway is the design and build contractor for the new E18 Rugtvedt

-Langangen section for Nye Veier. This is a complex project involving the

construction of 17 kilometers of four-lane motorway where much consists of

tunnels and large bridge structures, such as the new 600-metre Grenland Bridge.

"We will produce the asphalt at our plants in Larvik and Skien. A significant

volume of recycled asphalt will be used, including from the old section on the

E18 road. We also hope to reuse rock from tunnel driving in the area for new

asphalt if the quality is satisfactory. This will reduce the need to extract

natural resources and at the same time be very local raw materials, which is

very positive for the environment and in line with our commitment to

sustainability," Holmqvist concludes.

The asphalt contract extends for three years. Startup is in the spring, while

the largest volumes will be laid in 2025 and before the road opens in 2026. Read

more about the project here (https://www.nyeveier.no/prosjekter/e18/e18-rugtvedt

-langangen/).

For further information, please contact:

Director Martin Holmqvist of Veidekke Asfalt, tel. +47 92 67 12 63,

[email protected]

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

[email protected]

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

-Pressebilder-Veidekke/)

Subscribe to messages from

Veidekke (http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/)

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.

Talk to a Data Expert

Have a question? We'll get back to you promptly.