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Veidekke

Regulatory Filings Aug 17, 2021

3781_rns_2021-08-17_e4871693-1c62-4ead-9ef7-2fab4de29395.html

Regulatory Filings

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Veidekke ASA: Building new elementary school in Tvedestrand

Veidekke ASA: Building new elementary school in Tvedestrand

Tvedestrand municipality has awarded Veidekke the contract to build a new

elementary school at Lyngmyr in Tvedestrand. The contract is a design and build

contract valued at NOK 172 million excluding VAT.

The project was won in a price/design competition where Veidekke has partnered

with Arkitema on the proposed solution. The new building is around 6,500 m[2] in

size across three storeys and will accommodate a new elementary school for the

whole of Tvedestrand municipality. The school will be built for three parallel

classes with room for 525 pupils. In addition there are complete outdoor areas

and community facilities of approximately 15,000 m[2].

"This project means a lot for Tvedestrand municipality's inhabitants, who now

will have a new, state-of-the-art school for the municipality's children.

Building good school buildings is one of the most meaningful things we as a

contractor can do, and we appreciate being awarded the contract. We hope to

repeat the success we had in building Tvedestrand upper secondary school and

sports park a few years ago, and the project will be an important part of our

portfolio in the eastern part of Agder," says district manager Atle Monan with

Veidekke Bygg Agder.

Construction starts as soon as this August, and completion is scheduled for May

2023 so that the school is ready for the start of the school year in 2023.

For more information please contact:

District Manager Atle Monan, tel. +47 95 14 27 40, [email protected]

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

[email protected]

Project manager Andres Gimming Stensland with Tvedestrand municipality, tel. +47

95 22 55 49, [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 companies. The company

undertakes all types of construction and civil engineering contracts, maintains

roads, and produces asphalt and aggregates. Veidekke emphasises stakeholder

involvement and local experience. Its annual turnover is approx. NOK 38 billion,

and around half of its 8,100 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.

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