Veidekke

Veidekke: More apartments for Fredensborg Bolig

Veidekke will also build the second stage in the Poulssons Kvarter residential

project at Fornebu in Bærum for Fredensborg Bolig. The commission involves

building 52 apartments in a design and build contract valued at just over NOK

140 million excl. VAT.

"The good sales in the project show that the homes are well received in the

market, and we have a very good partnership with Fredensborg Bolig on the

ongoing work in the first stage of construction. We appreciate the confidence

shown in us and are looking forward to continuing our good partnership in the

second stage as well," says department head Morten Barreth with Veidekke.

The second building stage consists of the Eger residential block, which will be

seven storeys above the underground garage facility (from the first building

stage). The 52 apartments range in size from 1 bedroom apartments of 46 m2 to 3

bedroom apartments of 139 m2. Residents enjoy a number of common areas and

facilities that facilitate living quality and a good neighbourhood, and there

will be a separate car sharing service for those who wish.

"The project is progressing according to plan, and we are pleased with the work

Veidekke is doing in the first construction stage. So, it's satisfying to be

able to start the next construction stage as planned," says CEO Bjørn-Tore

Rynning Olsen of Fredensborg Bolig.

Read more about the project here (https://poulssonskvarter.no/). The contract is

included in Veidekke's order book for Q2 2025.

For further information, please contact:

Head of department Morten Barreth, Veidekke Bygg Oslo, tel. +47 93 88 37 16,

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

Communications Manager Erlend Ellingsen, Fredensborg, tel. +47 920 99 039,

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

-Pressebilder-Veidekke/)

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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.

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