Veidekke

Veidekke ASA: To build new residential units for Terrester AB in Torslanda, Sweden

Veidekke has been commissioned by Terrester AB to build the Spitfire

neighbourhood, comprising two residential buildings with altogether 75 flats and

five semidetached homes, in Amhult in Torslanda near Gothenburg. The design-and

-build contract is valued at approx. SEK 135 million and the project is

scheduled for completion in the spring of 2023.

"Veidekke has built several outstanding projects in Gothenburg and is a

contractor in whom we have great confidence. We look forward to a rewarding and

fulfilling collaboration," says Maria Nord Loft, CEO of Amhult 2.

"We are very proud that Terrester AB has entrusted us with this project, and we

look forward to a close and productive cooperation," says Anders Holmqvist in

Veidekke Bygg Väst.

The Spitfire neighbourhood will offer everything from small, space-efficient

studio flats to four-room flats and semidetached homes with separate entrances.

All flats have either a patio or a balcony, and the residents can also enjoy

their own green courtyard. From the central location in Amhult, residents will

have easy access to shops and communications.

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

For more information, contact:

Charlotta Nilsén, EVP Veidekke Construction Sweden, ph. +46 070-600 30 87

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

-Pressebilder-Veidekke/)

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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.

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