Veidekke

Regulatory Filings • Dec 30, 2019

Veidekke ASA: To construct arts centre in Trondheim

Veidekke ASA: To construct arts centre in Trondheim

Veidekke has signed a contract with Kjøpmannsgata Ung Kunst AS to construct an

environmentally certified arts centre in Trondheim city centre, which was

initiated and will be funded by Kjell Erik Killi Olsen. This will be a turnkey

contract valued at NOK 113 million, excluding VAT.

'We are so grateful for the trust placed in us and are proud to have been chosen

to build a cultural centre that will mean a lot to artists and cultural life in

Trondheim,' says Ståle Brovold, District Manager at Veidekke Bygg Trøndelag.

The new arts centre at Kjøpmannsgata 36-38 will have a total area of

approximately 3,300 m[2]. It will be home to exhibition space, art workshops,

storage, a theatre stage, catering facilities, dedicated office space and

offices for rent, as well as a sculpture park on the roof. The building will be

environmentally certified in accordance with the BREEAM NOR Very Good standard.

Kjøpsmannsgata Ung Kunst is a generous and unique gift worth NOK 175 million to

the city of Trondheim from the artist Kjell Erik Killi Olsen. It will become a

meeting place for people interested in art with an interdisciplinary programme

that will reach far and wide. There will be a varied exhibition schedule

featuring both established and emerging artists, with a particular focus on

younger artists.

The project has been developed in partnership by Killi Olsen, Kjøpmannsgata Unge

Kunstnere, HUS architects AS and Veidekke. Construction work starts in January,

with completion scheduled for September 2021.

For more information, contact:

District Manager Ståle Brovold, tel. +47 90 77 28 19, stale.brovold@veidekke.no

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

helge.dieset@veidekke.no

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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 involvement and

local knowledge. Annual turnover is approx. NOK 36 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.