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Veidekke

Earnings Release Jan 21, 2025

3781_rns_2025-01-21_689f02f8-ce25-4a1b-80ff-50a419670849.html

Earnings Release

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Veidekke: Building 136 homes at Hasle, Oslo

Veidekke: Building 136 homes at Hasle, Oslo

Veidekke has been commissioned by Moro AS to build the Haslevangen project with

136 apartments in seven buildings at Hasle in Oslo. The commission is a design

and build contract valued at NOK 410 million, excluding VAT.

"Haslevangen is a well-developed project with good solutions and qualities that

we believe will be well received in the market. We have collaborated with Moro

on the project since the summer of 2024 in a smooth and good process, and look

forward to extending the good cooperation during the construction of the

project. We greatly appreciate the commission," says department manager Morten

Barreth of Veidekke Bygg Oslo.

The Haslevangen project consists of seven buildings that are four to eight

storeys in height. The 136 apartments vary in size from one to three bedrooms,

with almost all of them having south-facing and sunny balconies. There will be a

common basement below the buildings with storage rooms and a parking facility

for cars and bicycles. There will be three common roof terraces and green common

outdoor areas for residents. The project faces low detached buildings to the

south, and the apartments will have an airy and sunny view of the city and sea.

Kristin Mortensen of Moro is pleased with the choice of Veidekke as a very solid

and experienced residential contractor. "We're looking forward to realising a

central and attractive residential project in close proximity to the Løren and

Hasle metro stations. When sales in the project start later this year, this will

be an opportunity to buy an apartment in Hasle's best location," Kristin

Mortensen with Moro says.

Demolition work was completed this autumn. Construction will start immediately

with handover scheduled from the autumn of 2026 to the spring of 2027. This

commission is included in Veidekke's order book for the first quarter of 2025.

Read about the project here (https://haslevangen.no/).

For further information, please contact:

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

[email protected]

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

[email protected]

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

-Pressebilder-Veidekke/)

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Veidekke (http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/)

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 43 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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