Veidekke

Regulatory Filings • Jun 20, 2025

Veidekke: Major contract in Kongsberg

Veidekke: Major contract in Kongsberg

Today, Veidekke has signed a contract for the construction of the

environmentally certified building 'Utsikten' for Kongsberg Defence & Aerospace

AS (KONGSBERG). The commission is a design and build contract valued at around

NOK 2.3 billion excluding VAT.

"This is a huge and important project for a lot of people, locally, nationally

and internationally, and it is important for us at Veidekke. We are therefore

very proud of the good partnership we have had during the development phase

where we have arrived at the functions, solutions and qualities that now allow

us to enter into a contract. We want to thank KONGSBERG for the confidence shown

in us and are looking forward to extending the good partnership into the

construction phase," says Group Chief Executive Jimmy Bengtsson with Veidekke.

The building in Kongsberg Technology Park will have a total area of 65,000 m2

across eight floors and will accommodate approximately 2,300 workplaces. Here,

technology, innovation, administration and IT for one of the country's most

important developer environments for advanced technology will be gathered under

one roof. The project has been developed in a partnership between KONGSBERG,

Veidekke, architects, subcontractors and other advisors since November 2024.

"This project marks an important milestone for KONGSBERG in its efforts to

realise our growth ambitions. With the establishment of a modern and sustainable

facility, we are ensuring further technological development and innovation in

the defense sector. We appreciate the good partnership with Veidekke, and are

looking forward to successful implementation and occupation," says Frode Bakken,

Vice President Facility with Kongsberg Defence & Aerospace.

Utsikten will be an advanced, future-oriented and sustainable building that will

be certified in accordance with the BREEAM Excellent environmental standard and

meet the requirements of the EU taxonomy and energy class A. Energy-efficient

technical facilities and sustainable energy solutions will provide significant

reductions in greenhouse gas emissions both in the construction and operation

phase. Low-carbon concrete in classes extreme and A will be used in the load

-bearing system, and the construction project will be carried out fossil-free.

The project is being executed out by Veidekke Bygg in Buskerud, Vestfold and

Telemark. Groundworks are already well underway, and the building is scheduled

for completion in the first half of 2028.

The contract is included in Veidekke's order book for the second quarter of

For further information, please contact:

Project Manager Jostein Ekeberg, Veidekke Bygg, tel. +47 91 69 76 90,

jostein.ekeberg@veidekke.no

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

helge.dieset@veidekke.no

Project Leader Aron Bjerketveit, Kongsberg Defense & Aerospace, tel. +47 94 17

54 48, aron.bjerketveit@kongsberg.com

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

-Pressebilder-Veidekke/)

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

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Veidekke (http://www.veidekke.no) 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.