Veidekke

Regulatory Filings • Mar 12, 2024

Veidekke: New commission for Bane NOR

Veidekke: New commission for Bane NOR

Veidekke has won the contract for renewing the contact line system between

Etterstad and Lillestrøm on the main railway out of Oslo for Bane NOR. The

commission is an execution contract with a value of NOK 248 million excluding

VAT.

"We appreciate Bane NOR's confidence in us. This is a project that is a good fit

in our portfolio of railway renewal projects. The work will be carried out on an

approximately 18 kilometre heavily trafficked section of the Trunk Line, which

places high demands on planning and safety in the work," says Head Trygve

Engedal at Veidekke Bane.

The contact line system will be completely renewed from Etterstad to Alnabru,

and in addition the return current circuit will be renewed and reinforced on the

section from Alnabru to Lillestrøm. The project includes establishing 260

foundations with masts and fixtures, installing ten kilometres of new contact

line and building 12 new transformers for return current.

Veidekke Bane was established in 1999 and refurbishes and maintains railways and

tramways. The company operates all over Norway, has a turnover of around NOK 500

million per year, and has 150 employees with expertise in all railway

engineering disciplines.

Work starts after Easter this year and will be completed in the winter of 2026.

Click here (https://www.banenor.no/leverandor/aktuelt-for

-leverandorer/kontraktsutlysning-fornyelse-av-kontakledningsanlegg-pa

-hovedbanen/) for information on the project.

For further information, please contact:

Manager Trygve Engedal of Veidekke Bane, tel. +47 48 07 33 11,

trygve.engedal@veidekke.no

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

helge.dieset@veidekke.no

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Veidekke (http://www.veidekke.no) 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. Annual

turnover is approx. NOK 43 billion, and almost 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.