Veidekke

Earnings Release • Feb 26, 2025

Veidekke: To build Skram school in Måløy

Veidekke: To build Skram school in Måløy

Veidekke has won the competition to build the new Skram primary school in Måløy.

The assignment for Kinn municipality is a a turnkey contract worth NOK 191

million excluding VAT.

"We are both happy and proud to have won the competition and we appreciate the

confidence shown in us. Building good schools is one of the most important

things we can do, and I am sure that the new Skram school will be a great joy

for students, teachers and other users. Kinn municipality sets clear

requirements for climate, environment and energy, which we greatly appreciate,"

says district manager Ole Petter Henden in Veidekke Bygg Sogn og Fjordane.

The new school is designed for 250 pupils from first to seventh grade with

nearly 30 employees. It is built according to the passive house standard with at

least a 10% reduction in greenhouse gas emissions compared to the reference

level. The school will have a traditional two-parallel classroom division with a

total area of 5,000 m² over three floors. In the basement, there will be a

gymnasium with changing rooms that can function separately outside school hours

and meet the requirements for sports funding. The development of outdoor areas

is also included in the contract.

"We are very pleased that an important milestone in the project has now been

passed. The demolition work has started and is progressing well. We are

therefore also pleased that we can soon start building a new and modern school

in Måløy. The new school will make an important contribution so that the

municipality can offer both employees and pupils good facilities with a modern

pedagogical learning area," says municipal director Øyvind Bang-Olsen in Kinn

municipality.

The current school is being demolished these days, and the new one will be built

on the same site in the center of Måløy. Construction is planned to start in the

summer with completion by the start of the school year in 2027.

The contract is included in Veidekke's order backlog for the first quarter.

For further information, please contact:

District Manager Ole Petter Henden, tel. 97 77 56 43, ole.henden@veidekke.no

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

helge.dieset@veidekke.no

Project Manager Vidar Andersen in Kinn municipality, tel. 46 62 03 66,

vidar.andersen@kinn.kommune.no

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

-Pressebilder-Veidekke/)

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Veidekke (https://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.