Source - GNW

Veidekke's subsidiary Norske Stålbygg AS has signed a contract with Anthon B Nilsen Eiendom AS to build a combined warehouse and logistics building for Blomsterringen and Primafloor at Lahaugmoen outside Oslo. The value of the contract is NOK 156 million excluding VAT.

"We are very proud to once again be selected as partner by Anton B Nilsen Eiendom AS. The contract is a perfect fit in our strategy of developing and erecting non-residential buildings under turnkey contracts. We look forward to going ahead with the job and look forward to renewed good collaboration," says general manager Terje Kaasa Larsen of Norske Stålbygg.

The building, which will have a gross area of 15,000 m2 overall, will be erected at Lahaugmoen Industrial Park in Skedsmo municipality. This is the third building contract for Veidekke in the area where the former military camp is being converted to a new and centrally located industrial park with an environmental profile, located between classified road 4 and the E6 motorway a short distance from both Oslo and Oslo Airport Gardermoen.

Norske Stålbygg will undertake the project in a joint venture with Veidekke's building and construction operation in Oslo. Work has already commenced, and the building is to be handed over to the client in December 2017.


For press photos, see, for more information, contact:
General Manager Terje Kaasa Larsen with Norske Stålbygg AS, tel. +47 91 69 31 29, [email protected]
Project Manager Yngve R. Ivertsen of Anton B Nilsen Eiendom AS, tel. +47 91 59 31 98, [email protected]
Communications Manager Helge Dieset of Veidekke ASA, tel. +47 90 55 33 22, [email protected]

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Norske Stålbygg AS is a turnkey contractor that designs, develops and erects various types of commercial and industrial buildings all over Norway. We are 30 enthusiastic colleagues and expect turnover of NOK 300 million in 2016. Norske Stålbygg is a company in the Veidekke Group, and is based in Sandefjord.

Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building and construction contracts, maintains roads and produces asphalt and aggregates. The company's operations are characterised by involvement and local knowledge. Revenue is NOK 24.5 billion (2015), and half of the 7,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Veidekke ASA via Globenewswire