Veidekke

Earnings Release • Feb 22, 2023

Veidekke: Signed construction contract for Fylkets hus in Steinkjer

Veidekke: Signed construction contract for Fylkets hus in Steinkjer

Veidekke and subsidiary Grande Entreprenør have signed the contract with

Steinkjer Fylkeshus AS to erect an environmentally certified eight-storey office

building to accommodate Trøndelag county municipality. The commission is a

design and build contract valued at NOK 219 million, excluding VAT.

"We're looking forward to starting construction of Nye Fylkets Hus. There are

not many exclusively office buildings that are built in our area, and we are

therefore very pleased to be selected as contractor in partnership with Veidekke

Bygg in Trondheim who have great experience with such projects. The combined

expertise of the team from Grande and Veidekke in the field of environment and

sustainability tipped the project in our favour, and we are really proud of

that," says general manager Morten Hynne of Grande Entreprenør.

Fylkets hus will have a central location just next to the railway station in

Steinkjer. The building will comprise 7,000 m[2] across eight storeys in

addition to a basement and will be environmentally certified as Very Good

according to the BREEAM-NOR manual v6.0 standard. Bane NOR Eiendom, Trøndelag

County Municipality and Utstillingsplassen Eiendom are behind the company

Steinkjer Fylkeshus AS.

"We're looking forward to starting the first construction stage at Steinkjer

station. We have great faith in a good and constructive collaboration with a

competent contractor with a local foothold. It is particularly pleasing to

realise projects in the difficult times we are experiencing with extraordinary

price growth and supply issues," says head of section Dag Haugdal with Bane NOR

Eiendom region Midt/Nord.

Construction work starts in March, and completion is scheduled for December

2024. This contract is included in Veidekke's order book for the first quarter

of 2023.

For further information, please contact:

Regional director Torgeir Wiig with Veidekke Bygg Trøndelag, tel. +47 95 02 07

30, torgeir.wiig@veidekke.no

General Manager Morten Hynne, Grande Entreprenør, tel. +47 95 24 85 41,

morten.hynne@grande-entreprenor.no

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

helge.dieset@veidekke.no

Veidekke's press photos (https://urldefense.proofpoint.com/v2/url?u=https

-3A__publish.ne.cision.com_l_rgogvhhfc_veidekke.fotoware.cloud_fotoweb_archives_5

028-2DPressebilder-2DVeidekke&d=DwMFAw&c=euGZstcaTDllvimEN8b7jXrwqOf

-v5A_CdpgnVfiiMM&r=ovbabqGKDpqANTMEcsMzz-9gUee7B3zUc45MCxMEFGk&m=i

-n8T3KMESZQwOxqk

-nBbqrnaG4OsY3JhJihjj7WFdg&s=IDvroF98t_qnTa8RmB8ZqNNa6arSSm5M7FH2pjaZjsA&e=)

Subscribe to messages from

Veidekke (https://urldefense.proofpoint.com/v2/url?u=http

-3A__publish.ne.cision.com_l_rgogvhhfc_veidekke.com_no_borsmeldinger_abonner

-2Dpa-2Dmeldinger&d=DwMFAw&c=euGZstcaTDllvimEN8b7jXrwqOf

-v5A_CdpgnVfiiMM&r=ovbabqGKDpqANTMEcsMzz-9gUee7B3zUc45MCxMEFGk&m=i

-n8T3KMESZQwOxqk-nBbqrnaG4OsY3JhJihjj7WFdg&s=DLoCklEaGhEmoSc8K

-AtVjORmjflxPt6VFIyRt6vzlM&e=)

Veidekke 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. Annual turnover is approx. NOK 39

billion, and almost 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.