Veidekke

Regulatory Filings • Jun 1, 2021

Veidekke ASA: To build cinema complex in Uppsala

Veidekke ASA: To build cinema complex in Uppsala

Veidekke's subsidiary Arcona has been commissioned by Uppsala Akademiförvaltning

to build new premises for Filmstaden in central Uppsala, Sweden. The project is

a collaborative design and build contract to a value of approx. SEK 330 million.

Work on the project will start in June 2021 and is scheduled for completion in

February 2024.

In collaboration with the client Uppsala Akademiförvaltning, Arcona will build a

completely new entertainment complex for Filmstaden on Dragarbrunnsgatan in

central Uppsala. A total area of approx. 7,700 square meters will house a 13

-screen cinema multiplex as well as business premises and restaurants. The

project also includes renovation of the underlying two-level garage.

"Uppsala Akademiförvaltning especially appreciates the opportunity to contribute

to a vibrant city center in Uppsala. Nya Filmstaden will provide a long-awaited

meeting place for Uppsala's residents and all film buffs. Arcona was selected

because of their extensive experience and expertise in such complex projects,"

says Kent Berg, CEO of Uppsala Akademiförvaltning.

"We look forward to continuing to develop central Uppsala, this time in

collaboration with Uppsala Akademiförvaltning," says Per Almgren in Arcona.

"Being selected to partner with Uppsala Akademiförvaltning is a great honour,

and this is an important project in our Uppsala ventures," says Almgren.

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

For more information, contact:

Mats Nyström, EVP Veidekke Sweden, ph. +46 705 37 12 60

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 8,100 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.