Veidekke

Regulatory Filings • Mar 16, 2023

Veidekke: To build sports facilities in Stockholm

Veidekke: To build sports facilities in Stockholm

Veidekke has signed a design and build contract with Nystad Stockholm Idrott och

skolfastigheter AB for the construction of three full-sized sports facilities at

a location between Liljeholmen and Midsommarkransen in Stockholm. The contract

has a value of approx. SEK 215 million. Construction will start this spring,

with planned completion in 2024.

On the property developed by Nystad for education and sports purposes, Veidekke

is also building a new primary school for approximately 1,000 pupils.

"We are happy to have signed the agreement with Veidekke and to start the

construction of three new sports facilities with the Stockholm City Sports

Administration as a tenant. Primarily dedicated to the city's children and

young, this will be Stockholm's finest sports facility," says Niklas Skerfving,

project manager at Nystad Stadsutveckling AB.

The new 8,100 square meters sports facilities, to be named Tellusborgshallen,

will be used in both school activities and by sports clubs and associations. In

addition to the sports arenas, there are plans for activity rooms, cafe,

changing rooms and staff rooms.

"We are very excited to have been awarded this project and look forward to

building this great facility. The public building segment is a high priority for

us, and this contract proves that we are competitive in the full scope of this

contractor category," says Linus Wåhlin at Veidekke Construction Stockholm.

The project has a clear environmental profile, including sedum planting and a

solar cell system on the roof, and will be certified in accordance with the

Miljöbyggnad standard.

For more information, contact:

Charlotta Nilsén, EVP Veidekke Construction Sweden, +46 70-600 30 87

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

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

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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.