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Veidekke

Regulatory Filings Jun 27, 2022

3781_rns_2022-06-27_fe8d8934-e383-4aa1-9977-29aebe2cc1d7.html

Regulatory Filings

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Veidekke: Redeveloping landfill in Bergen

Veidekke: Redeveloping landfill in Bergen

Veidekke and their Belgian partner DEME Environmental have been awarded a

contract by the City of Bergen to redevelop the old waste landfill at

Slettebakken in Bergen. The contract will follow an interaction phase between

the parties, and is a design and build contract valued at NOK 350 million

excluding VAT. Veidekke's share comprises 50% of the contract value.

The old landfill at Slettebakken will be redeveloped so that the area may be

used for sports, residential and commercial purposes. Overall, approximately

200,000 tonnes of material will be excavated and sorted before being either

reused at the site or processed as waste and sent to reception/landfill. The

entire project will be executed according to the circular economy principle, and

works will have stringent measures for minimal impact on the environment.

"We are very pleased to sign a contract for this prestigious commission and

appreciate the confidence placed in us. Veidekke has extensive expertise and

experience from this type of work, as does our Belgian partner. We have also

worked together on a comparable project at Valløy near Tønsberg. In good

cooperation with the Environment Agency in the City of Bergen we will ensure

that Slettebakken is prepared for further development," says Ingmar Austevoll,

Director with Bygg Vest in Veidekke.

The project will start up physically in mid-August 2022 and gradually build-up

to full production in the first quarter of 2023. The work is scheduled for

completion in the spring of 2024.

For further information, please contact:

District Manager Erlend Bygnes with Veidekke Bygg Bergen, tel. +47 97 09 53 33,

[email protected]

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

[email protected]

Veidekke's press photos (https://urldefense.proofpoint.com/v2/url?u=https

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Veidekke (https://urldefense.proofpoint.com/v2/url?u=http

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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. Annual turnover is approx. NOK 38 billion, and

around half of its 7,800 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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