Chat with Filing

Ask questions about this document

Please log in or register to use the chat feature. Please register first.

RNS - Veidekke: New road maintenance contracts worth NOK 2 billion

Company: Veidekke Date: 2025-06-23 Language: English Register to download

Loading document preview...

Document Preview Not Available

The file type (.html) cannot be displayed directly here.

Open Original File

Error loading document preview. Please try the 'Open Original File' link.

You're One Click Away From The Full Filing

Instantly access this document—and 2.8M more—for free. Select your preferred method:

Continue with Google Continue with Microsoft Continue with Facebook Continue with Amazon

 Veidekke: New road maintenance contracts worth NOK 2 billion

# Veidekke: New road maintenance contracts worth NOK 2 billion

In the course of the first six months of the year, Veidekke has entered into  

three new contracts for the operation and maintenance of national and county  

roads. In addition, options have been redeemed for the extension of four ongoing  

contracts. The total contract value is NOK 1.950 billion excluding VAT.  

  

"We're pleased with the results of this year's tender round and are looking  

forward to taking over responsibility in the new contracts from September. In  

addition, we are very pleased to have been given renewed trust in four of our  

ongoing contracts that were nearing the end," says director Kjell Otto Bragstad  

with Veidekke Road Maintenance.  

  

New contracts from September 1:  

  

Client Area Duration  

Norwegian Public Roads Administration Trøndelag north 2025 - 2030  

Troms County Council Mid-Troms 2025 - 2030  

Troms County Council Inner Troms 2025 - 2030  

  

In addition, Møre og Romsdal, Vestland and Trøndelag county municipalities have  

chosen to use options to extend four previously concluded contracts.  

  

Veidekke will thus be responsible for the operation and maintenance of around  

13,000 kilometres of national and county roads, including pedestrian and cycle  

paths. Annual revenue from this part of Veidekke's business amounts to around  

NOK 2 billion excl. VAT.  

  

"Together with our clients and local partners, we will do what we can to ensure  

that road users experience good and safe driving conditions - summer and winter  

\- in our 24 contract areas from Finnmark in the north to Agder in the south,"  

Bragstad concludes.  

  

The contracts include routine operational tasks and minor maintenance tasks on  

the road network to ensure safe and efficient traffic and maintain the roads to  

ensure the desired service life. The key tasks are clearing, gritting, salting,  

tunnel and sign cleaning, maintaining landscape areas, clearing ditches and  

drains, cleaning roads and rest areas and emergency preparedness in the event of  

accidents and extreme weather conditions.  

  

Of the new contracts and redeemed options, NOK 950 million was included in  

Veidekke's order book in the first quarter and NOK 1 billion will be included  

the second quarter of 2025.  

  

For further information, please contact:  

  

Director Kjell Otto Bragstad, Veidekke Road Maintenance, tel. +47 977 47 097,  

kjell-otto.bragstad@veidekke.no  

  

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

helge.dieset@veidekke.no  

  

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 (http://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.

Unlock Europe's Largest Financial Database—Free

Get instant access to over 2.8M filings from 8,970 companies across 44 markets. No cost. No hassle. Just results.