AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Veidekke

Earnings Release Aug 19, 2020

3781_rns_2020-08-19_47df41c1-489a-4450-8554-f6292071ca6e.html

Earnings Release

Open in Viewer

Opens in native device viewer

Veidekke ASA: Rebuilding Halden Storsenter

Veidekke ASA: Rebuilding Halden Storsenter

Halden municipal pension fund has awarded Veidekke's subsidiary Øst AS the

contract to remodel Halden Storsenter. The former shopping centre is to become a

culture and multi-purpose building for the town's population and will include a

cineplex and library, among other things. This will be a design and build

contract valued at close to NOK 130 million, excluding VAT.

The contract comprises detailed design and engineering and remodelling of Halden

Storsenter from shopping centre to multi-purpose building with a cineplex,

library, family centre, Halden volunteer centre, youth club, Edderkoppen

Gavemakeri and operational services. The project entails a full transformation

and a significant improvement to the area in line with Halden's urban

development goals. The reuse of existing buildings is future-oriented use of

resources and an example to be followed. The total area to be remodelled

comprises slightly more than 11,500 square metres, and the cineplex comprises

1,500 m[2] with three state-of-the-art cinemas.

"We really appreciate the confidence shown in us, and are looking forward to

starting construction in a few weeks. It is a great pleasure and an honour to be

awarded a contract that will mean so much to many of Halden's inhabitants when

completed. It was also Veidekke who built Halden Storsenter more than 20 years

ago, and this makes it special that we as a local player will also be

responsible for the remodelling," says general manager Bård Degnes of Veidekke's

subsidiary Øst AS.

Construction work starts in September, with completion scheduled for October

For more information, contact:

General manager Bård Degnes with Øst AS, tel. +47 94 15 61 00, [email protected]

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

[email protected]

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

-Pressebilder-Veidekke/)

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

-pa-meldinger/)

Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its engagement and

local knowledge. Annual turnover is approximately NOK 39 billion and around half

of its 8600 employees own shares in the company. Veidekke is listed on the Oslo

Stock Exchange and has always posted a profit since it was founded in 1936.

Talk to a Data Expert

Have a question? We'll get back to you promptly.