Veidekke

Veidekke: Rehabilitating and expanding in Oslo

Veidekke has been commissioned by Smedstad Boligstiftelse to rehabilitate 80

apartments in two buildings and build 29 new apartments at Smestad in Oslo. The

commission is a design and build contract valued at just over NOK 155 million

excluding VAT.

"This is an interesting commission with extensive upgrades and extensions that

will make the entire apartment complex emerge as a new build. By rehabilitating

the existing buildings, greenhouse gas emissions are significantly reduced

compared to a new build, so this will be good for both the residents and the

environment. We really appreciate this commission and are looking forward to

starting up," says head of department Rune Andersstuen with Veidekke Bygg Oslo.

The housing project in Hoffsveien consists of 80 rental apartments from 1994,

all of which will have new kitchens, new tiled bathrooms and new floors, in

addition to the walls being plastered and painted. A new fifth floor with 19

apartments will also be built, while the fourth floor will be extended with four

new apartments. A new lift will be installed, the buildings will have full fire

sprinkling, and at the top there will be a 200 m2 communal roof terrace and

solar panels that will produce electricity for hot water and lighting and

ventilation in the common areas.

Work will start immediately, and handover is scheduled before Christmas in 2025.

For further information, please contact:

Head of department Rune Andersstuen, tel. +47 91 83 33 80,

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

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

-Pressebilder-Veidekke/)

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Veidekke (https://www.veidekke.com/) 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 41 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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