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Veidekke

Regulatory Filings Apr 30, 2019

3781_rns_2019-04-30_24b12a51-a70b-4f8e-a30c-ac0537e8ec48.html

Regulatory Filings

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Veidekke ASA: To build student flats and preschool in Stockholm for Familjebostäder

Veidekke ASA: To build student flats and preschool in Stockholm for Familjebostäder

Veidekke has been commissioned to build 96 student flats and a preschool with a

production kitchen in Årsta, Stockholm. The project, known as the Gisslaren

Block, is a design and build contract worth SEK 127 million with estimated

completion in Q2 2021.

The construction will be carried out in accordance with the environmental

standard Miljöbyggnad Silver and will also include an existing duct that

supplies air to various service rooms in the Södra Länken motorway.

"We appreciate being entrusted with this project and look forward to working

closely with Familjebostäder in Stockholm. This is our third student housing

project, and we will utilise all of our experience from the previous projects to

create the best conditions for the Gisslaren Block. Collaboration and

involvement are key to being able to deliver a project on time, with the right

quality and high security," says Gunilla Lindgren, Construction Manager at

Veidekke Bygg Bostäder Stockholm.

The project is part of the second stage of the Årstastråket urban development

area, where the City of Stockholm is planning for approx. 3,000 new residential

units in the area from Årstafältet in the west to Slakthusområdet in the east.

For press photos, see www.flickr.com/photos/veidekke, for more information,

contact:

Jimmy Bengtsson, EVP/Country manager Veidekke Sweden, ph. +46 070-537 91 10

Joakim Persson, Project Manager Veidekke Bygg Bostäder Stockholm, ph. +46 070

-300 34 28

Gunilla Lindgren, Construction Supervisor Veidekke Bygg Bostäder Stockholm, ph.

+46 073-662 52 06

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 involvement and

local knowledge. Its annual turnover is NOK 32 billion, and half of its 8,000

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.

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