Veidekke

Regulatory Filings • May 8, 2020

Veidekke ASA: To build cultural centre in Bergsjön, Gothenburg for Higab

Veidekke ASA: To build cultural centre in Bergsjön, Gothenburg for Higab

Veidekke has signed a collaborative design and build contract with Higab to

build a new cultural centre in Gothenburg's Bergsjön district. Construction work

is projected to start in Q2 2020. The contract is valued at approx. SEK 100

million.

The three-storey cultural centre will house a library, exhibition rooms, music

studio, black box, and study rooms for pottery, photography and textiles, as

well as space for movie screenings and a party venue for up to 150 people.

"We are both proud and pleased that Higab selected us to build this important

project. I am confident that our good relations and collaboration will

contribute to a successful project and provide added value for Bergsjön," says

Mattias Bylerius, regional manager at Veidekke Bygg Väst.

In 2013, following several years of debate, the Gothenburg city council resolved

to build a long-desired cultural centre in Bergsjön. The initiative is part of

"Program Bergsjön", which was developed by the Gothenburg building authorities

and focuses on social sustainability and integration.

More about Kulturhus Bergsjön (https://www.higab.se/projekt/projekt-kulturhus

-bergsjon/)

For further information, contact:

Mats Nyström, CEO Veidekke Sweden, ph. +46 705 37 12 60

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

-Pressebilder-Veidekke/)

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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 39 billion, and half of its 8,600

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.