Veidekke

M&A Activity • Dec 17, 2021

Veidekke ASA: To build new parking facility in Stockholm

Veidekke ASA: To build new parking facility in Stockholm

Veidekke's subsidiary Arcona has been contracted to build a new parking garage

in Västberga, Stockholm for Corem Property Group. The project is a collaborative

design and build contract worth SEK 110 million. Construction on the project

starts in January 2022 and is scheduled for completion in March 2023.

With 135 parking spaces, half of which equipped with EV chargers, the new

Nattskiftet 12 parking facility on Drivhjulsvägen in Västberga will boost the

area's limited parking capacity. The lower floor will also accommodate approx.

500 m[2] of business premises. Concurrently, the neighbouring property

Nattskiftet 14 will be upgraded and rendered more attractive and flexible.

Facades and windows will be renovated, installations and heating systems will be

replaced, and a new staircase and lift will be installed, to make the building

more accessible. A new showroom will also be added.

"Arcona is incredibly proud to have been entrusted with this project for Corem.

Having had the opportunity to collaborate from an early stage in a process we

believe in, we have designed a good product together, and this is exactly how we

provide the best business value for the customer," says Catrin Hansson in

Arcona.

The contract is included in the order book for the current quarter.

For more information, contact:

Charlotta Nilsén, EVP Veidekke Construction Sweden, ph. +46 70-600 30 87

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

-Pressebilder-Veidekke/)

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

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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 8,100 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.