Veidekke

Regulatory Filings • Nov 15, 2023

Veidekke ASA: To build wastewater tunnel in Stockholm

Veidekke ASA: To build wastewater tunnel in Stockholm

Veidekke has been commissioned by Stockholm Vatten och Avfall to build a new

wastewater tunnel that will relieve Stockholm's wastewater system and reduce

flood risk. The value of the execution contract is SEK 898 million.

The new "Mässtunneln" tunnel will run from Stockholmsmässan in Älvsjö through

Solberga, Västberga and Midsommarkransen to Liljeholmen. Veidekke's assignment

comprises the construction of the 4 km long tunnel with an associated access

tunnel. The access tunnel will be built at Kontrollvägen in northern Solberga,

from which the wastewater tunnel will be blasted and drilled in two directions.

Construction is scheduled to start in December, with the tunnel scheduled to be

operational in 2030.

"We very much appreciate having Stockholm Vatten och Avfall's continued

confidence, and look forward to cooperating on yet another project to improve

Stockholm's environment," says Tomas Karlsson in Veidekke Anläggning Öst.

Mässtunneln is yet another stage in the effort to ensure the long-term handling

of Stockholm's wastewater. The new tunnel will relieve the current wastewater

system, enable more residential construction in the Stockholmsmässan area, and

reduce flood risk in the event of torrential rain.

The contract is included in the order book for Q4 2023.

More about

Mässtunneln (https://www.stockholmvattenochavfall.se/projekt/masstunneln/)

For more information, contact:

Marcus C Nilsson, EVP Veidekke Infrastructure Sweden, ph. +46 76 840 05 56

Jørgen Wiese Porsmyr, Group CFO Veidekke, ph. +47 907 59 058

Veidekk 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 contractors. In addition to undertaking

all types of building and civil engineering assignments, the group also

maintains roads and produces asphalt and aggregates. Veidekke emphasises

stakeholder involvement and local experience. Its annual turnover is

approximately NOK 39 billion, and half of its 8,000 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.