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Veidekke

Regulatory Filings May 26, 2020

3781_rns_2020-05-26_68368967-cd1a-4ac9-9a4f-b59728a041cd.html

Regulatory Filings

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Veidekke ASA: To build for Bergen Light Rail

Veidekke ASA: To build for Bergen Light Rail

Bybanen Utbygging has awarded Veidekke the environmentally-certified contract to

build Vestland county's first underground station between the Haukeland and

Haraldsplass hospitals in Bergen. This is a design and build construction

contract valued at NOK 224 million, excluding VAT and with options.

"It is very satisfying to win our eighth contract for Bybanen Utbygging and

being allowed to build more green infrastructure in a sustainable way. Haukeland

station is a demanding, complex and multidisciplinary contract that is a very

good fit for us at Veidekke Bergen. Winning this contract in this time of the

coronavirus proves that our strategy of having our own locally employed skilled

workers and engineers is appropriate and desirable to our customers," says

district manager Erlend Bygnes of Veidekke Bygg Bergen.

Haukeland station is being built to make public transport attractive to the

7,000 passengers who will use it every day. The project includes building a

spacious station area 30 metres below ground and underground walkways with lifts

and escalators that link the station to the two hospitals in the area. The two

entrances will be designed as round glass and steel structures, both at

Haukeland University hospital and Haraldsplass Diakonale Sykehus.

The outdoor areas will be meeting grounds for the local community with nicely

landscaped surroundings. There are several large concrete structures in the

project, of which the largest is 42 metres tall comprising more than 4,000 m[3]

concrete anchored to bedrock. The public areas will emphasise aesthetics and

efficient transport of people, good lighting and acoustic measures to absorb

noise. Veidekke is safeguarding Bergen Light Rail's objective of a greener light

rail development by certifying the project in accordance with CEEQUAL, which is

a certification tool to promote sustainable construction projects.

Start of construction is scheduled for October and is expected to last for two

years.

For more information, contact:

District Manager Erlend Bygnes, tel. +47 97 09 53 33, [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/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

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 engagement and

local knowledge. Annual turnover is approximately NOK 39 billion and around half

of its 8600 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.

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