Veidekke

Veidekke ASA: Signed contract with the Norwegian Defence Estates Agency

Veidekke has been commissioned to erect a concrete building which will house a

new tank and processing plant at the Ørland Air Station in Trøndelag. The value

of the contract is approximately NOK 110 million excluding VAT.

The building Veidekke has been commissioned to erect will accommodate a complete

facility for the handling and supply of aviation fuel. Some of the work will be

carried out in collaboration with Veidekke's Fosen subsidiary Tore Løkke AS,

which has completed several assignments in connection with the development and

upgrade of the defense airbase at Ørland.

Reflecting a Defence Estates Agency emphasis when selecting contractors, the

contract stipulates that five percent of the work be performed by apprentices, a

priority which is highly valued by Veidekke. With preparations already ongoing,

construction is expected to begin in early February. The entire facility will be

completed by summer 2021.

Photo: Thorbjørn Thoresen, Director of the Norwegian Defence Estates Agency

(left) and Hans Olav Sørlie, Executive Vice President of Veidekke Building

Construction Norway.

For more information, contact:

Hans Olav Sørlie, Executive Vice President, ph +47 91 74 49 23, hans

Helge Dieset, Communication Manager, ph. +47 90 55 33 22,

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 involvement and

local knowledge. Its annual turnover is NOK 36 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.

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