Veidekke

Earnings Release • Apr 1, 2022

Veidekke: To build new central station in Trondheim

Veidekke: To build new central station in Trondheim

Veidekke has signed a contract with Bane NOR Eiendom for the construction of a

new terminal building and office block at Trondheim Central Station. The

buildings will be certified in accordance with the BREEAM-NOR Excellent

environmental standard. The collaborative deals takes the form of a design and

build contract featuring incentives and has a total value of NOK 722 million

excluding VAT.

"We are incredibly grateful to Bane NOR Eiendom for this exciting commission.

Together with the client, consultants and subcontractors, we have come through a

very good development phase that will guarantee a superb building and

construction process. We are now looking forward to getting to work on the

detailed design after the summer holidays, and starting construction in 2023,"

says Torgeir Wiig, regional director for Veidekke Bygg Trøndelag.

The new Trondheim Central Station will have a total floor area of 17,500 m[2]

across eight storeys. The terminal building will comprise approx. 4,500 m[2]

while some 13,000 m[2] will serve as attractive office space affording

magnificent views of the city and fjord. The terminal building will be above the

tracks, and the construction process will take place without any interruption to

train services. The parts of the building that will span the rails will be built

on a modular basis allowing for rapid assembly on site. The building across the

tracks will serve as a vantage point and provide a connection between the city

centre and the port. The design has taken into account a number of the UN's

Sustainable Development Goals.

"Together with Veidekke, we have developed a proud that we are proud of. This is

a demanding project that must be planned rigorously to ensure that trains can

continue to operate as normal and that passengers are not impeded during the

construction phase. We are very pleased with the support and expertise that

Veidekke has provided us with to date, and we are looking forward to pursuing

this project together with them," says Arne Hognestad, project director at Bane

NOR Eiendom.

Construction work will start in January 2023 and the building is scheduled for

completion by November 2025. Read more about the project at

https://www.trondheimsentralstasjon.no/ The contract is included in Veidekke's

order backlog for Q1 2022.

For more information please contact:

Regional Director Torgeir Wiig, tel. 95 02 07 30, torgeir.wiig@veidekke.no

Communications Manager Helge Dieset, tel. 90 55 33 22, helge.dieset@veidekke.no

Arne Hognestad, Project Director at Bane NOR Eiendom, tel. 48 11 13 56,

arne.hognestad@banenor.no

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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. Its annual turnover is

approximately NOK 38 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.