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Veidekke

Regulatory Filings Dec 28, 2022

3781_rns_2022-12-28_9db0ee82-deb6-4e5a-914d-bd778a1e7d81.html

Regulatory Filings

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Veidekke: Construction start for Cissi Klein upper secondary school in Trondheim

Veidekke: Construction start for Cissi Klein upper secondary school in Trondheim

The implementation contract has now been signed, and in the new year

construction work will start on the new Cissi Klein upper secondary school at

Falkenberg in Trondheim. Trøndelag county municipality has set a number of

unique and visionary targets for sustainability and flexibility, which in turn

has fostered numerous new, innovative solutions for the eco-certified project

(ZEB-0 ÷ EQ).

The new school will be built for 700 pupils and will offer educational

programmes such as natural sciences, music, dance and drama, health and care,

technology and industry subjects and specialisation in general studies. The

building will have a full-scale multi-purpose hall, a large auditorium, a

bicycle basement and outdoor areas on both the ground and roofs. The capacity

may be increased to 900 pupils with minor adjustments, and the building's floor

plan and function will be easy to alter thanks to a flexible, reusable

structure.

"We were very proud when we and HUS architects won the collaborative contract in

2021, because the county municipality emphasised expertise and suitability so

heavily (90%). We have had a long and good collaborative phase that will ensure

that this will be an excellent and sustainable project to the benefit of pupils

and teachers for many years ahead. The zoning plan has finally been approved, so

we're looking forward to starting construction in the new year," says regional

director Torgeir Wiig of Veidekke Bygg Trøndelag.

In addition to ability to change, CO\2 \reduction is an important condition for

the project. The goal is that emissions will comprise a maximum of 45% of a

reference building. To achieve this, ultra-low carbon concrete will be used,

including in the floor slabs. This is completely new and has been developed in

partnership with Veidekke's subsidiary Grande Entreprenør in Verdal. Another

measure to reduce emissions is the reuse of materials, and 100 year-old bricks

from the margarine factory at Buran will be used for the façade.

"We have high climate ambitions for our construction projects. Through the

collaboration with Veidekke who have similar ambitions, we have jointly

developed a building designed for future reuse, with extensive use of existing

building materials and not least an energy efficient building that produces as

much energy as it consumes. The fact that Cissi Klein upper secondary school is

located at one of Trondheim's most central public transport hubs further

contributes to reach the climate neutral society we are aiming for," says

Building and property manager Rune Venås with Trøndelag County Municipality.

Preparatory work was carried out at the site in the autumn, while the actual

construction work starts in January. The target price contract is valued at NOK

640 million excluding VAT and was included in Veidekke's order book for Q2 2022.

Cissi Klein (1929-1943) was a Norwegian Jewish girl who is commemorated every

year in her home town of Trondheim as one of the victims of the Holocaust. More

information about the school and Cissi Klein is available

here. (https://web.trondelagfylke.no/cissi-klein-videregaende-skole/om-oss/nye

-cissi-klein-vgs/)

For further information, please contact:

Regional Director Torgeir Wiig, tel. +47 95 02 07 30, [email protected]

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

[email protected]

Building and property manager Rune Venås of Trøndelag County Municipality, tel.

+47 907 83 473, [email protected]

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

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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. Annual turnover is approx. NOK 38

billion, and around half of its 7,800 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.

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