Veidekke

Regulatory Filings • Mar 29, 2019

Veidekke ASA: Two new building construction contracts in Vejle and Copenhagen, Denmark

Veidekke ASA: Two new building construction contracts in Vejle and Copenhagen, Denmark

Veidekke's Danish subsidiary Hoffmann A/S has signed contracts for two new

projects in Denmark, Mineralvandsfabrikken in Copenhagen and a new police

college in Vejle. The contract values are DKK 330 million and DKK 260 million,

respectively, and both projects are scheduled for completion in 2020.

Mineralvandsfabrikken constitutes an entire city block in central Copenhagen,

with commercial premises and 69 new homes. When the project is completed, it

will comprise just over 17,500 square meters, of which newbuilt and converted

areas each comprise half. There is also a basement area of 2 250 square meters.

The building mass currently on the site is listed for protection and will be

renovated for commercial use.

The Carlsberg Group's former brewery site in Copenhagen is currently undergoing

extensive renovation and development, and Hoffmann has already built a hotel for

the same customer on the site. The Mineralvandsfabrikken project has been

developed in close cooperation with the customer Carlsberg Byen P/S and

consultants.

Uddannelsescenter Vest (UCV), the Danish National Police's new police college in

Vejle will comprise a total area of 20 000 square metres, half of which will be

new construction in between existing buildings. The project also includes the

renovation of an old college of nursing, which will be converted into student

housing, and the demolition or conversion of other buildings located on the

campus.

The new police college must comply with all special police college requirements.

In addition to housing classrooms, auditorium, fitness rooms and gymnasium, the

UVC will include police operation training facilities. From the cafeteria and

lounge areas located in the atrium running through the school campus, the police

college students will be able to follow many of the ongoing activities. The

campus will also include accommodation designated for continuing and further

education, as well as the administration department and indoor and outdoor

facilities for simulation and practice.

"Both projects exemplify the dedicated efforts of our people in Copenhagen and

Jutland. We continue to build on our competence and business model, which is to

deliver value through the early and strong involvement of all parties. In this

manner, we can exploit our whole range of expertise to deliver buildings that

provide customers and users with the greatest value possible," said Torben Bjørk

Nielsen, CEO of Hoffmann A/S.

For press photos, see www.flickr.com/photos/veidekke, for more information,

contact:

Torben Bjørk Nielsen, CEO Hoffmann A/S, +45 60 12 93 00, tbn@hoffmann.dk

Jørgen Wiese Porsmyr, EVP Veidekke ASA, +47 907 59 058, jorgen.wiese

-porsmyr@veidekke.no

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Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its involvement and

local knowledge. Its annual turnover is NOK 32 billion, and half of its 8,000

employees own shares in the company. Veidekke is listed on the Oslo Stock

Exchange and has always posted a profit since it was founded in 1936.