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Veidekke

Regulatory Filings Jan 5, 2023

3781_rns_2023-01-05_3f40ea82-57bc-4844-8f45-d82b9e818749.html

Regulatory Filings

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Veidekke: Building homes for Bovieran in Skien

Veidekke: Building homes for Bovieran in Skien

Veidekke is to build 51 flats with underground parking and a large communal,

heated conservatory at Falkum in Skien for Bovieran AS and co-owner Skien

Boligbyggelag. The contract is a design and build contract valued at NOK 163

million, excluding VAT.

"We are grateful for the commission and very pleased that we have arrived at

solutions that all of the parties are satisfied with, in a demanding market. The

earliest flat buyers have had to accept some adjustments in order for the

project to be realised. We are grateful for their goodwill and that so many have

stood by their purchase," says District Manager Lars N. Hjertås of Veidekke

Building Construction Vestfold og Telemark.

Bovieran's flat projects have a distinctive social profile aimed at a mature

target group (50+). In Sweden, more than 30 such projects have been built so far

since they were first introduced in 2009. Veidekke has signed a national

framework agreement on developing and building similar projects in Norway with

Bovieran. Falkum in Skien is the first one in Norway, although new ones are

being planned for Kristiansand, Hønefoss and Kongsvinger.

Bovieran Falkum will be sited in a rural location near Lundedalen in Skien. The

flats will range in size from 54m[2] to 84m[2], and residents will have access

to a range of facilities and services such as lounges/seating groups, a

workshop, storage rooms for sports equipment, and premises for hosting

arrangements, with a kitchen, as well as the 1,400m[2] conservatory with its

trees, flowerbeds and year-round Mediterranean climate.

Building work will start soon, with a planned construction period of 24 months.

The commission is included in Veidekke's order book for the fourth quarter of

More information on the project is available at www.falkum.bovieran.no

For further information, please contact:

District Manager Lars N. Hjertås, Tel. +47 922 97 192, [email protected]

Communications Manager Helge Dieset, Tel. +47 905 53 322,

[email protected]

Manager Jessica Bergström in Bovieran, Tel. +47 907 14 010, [email protected]

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

-Pressebilder-Veidekke/)

Subscribe to messages 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 approximately NOK 38

billion, and 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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