Huge contract for Veidekke Asphalt

Veidekke has signed one of the largest asphalt contracts in Norwegian history with Hæhre Entreprenør AS. Veidekke will lay 140,000 tons of asphalt on the new E6 that Hæhre is building alongside the Mjøsa Lake. The contract is worth around NOK 100 million excluding VAT.

The contractor, Hæhre, has won one of the three contracts alongside the Mjøsa Lake where the new E6 will be constructed for the Public Roads Administration and a double track laid for the National Rail Administration. As part of this, asphalt will be laid on the new 10.5 km long section of dual carriageway, on 7 km of county and country roads, and in a number of crossroads and adjoining areas. This task has now been assigned to Veidekke.

"As far as I am aware, this is the largest asphalt contract in Norway after the new airport at Gardermoen was built. It will be a demanding job with huge logistical challenges, including managing the traffic that will run close to our asphalt workers. We have also invested in new technology with GPS-based compression equipment and thermal cameras because of the documentation requirements," says Oskar Torgunrud, Veidekke Asphalt's regional manager.

Most of the asphalt will be laid in 2013 and 2014, and the road will be opened for normal traffic in October 2014.

For more information please contact:
Regional Manager Oskar Torgunrud of Veidekke Asphalt, tel. (+47) 913 78 365, oskar.torgunrud@veidekke.no
Communications Manager Helge Dieset of Veidekke, tel. + (47) 21 05 77 91 /(+47) 905 53 322, helge.dieset@veidekke.no

 

 

Veidekke is one of Scandinavia's largest contractors with 6,100 employees and a turnover of NOK 18 billion (2011). Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates, and road maintenance.  Our values are professional, honest, enthusiastic and pioneering. Our goals for health, safety and the environment, HSE, have equal status with our financial goals.  Veidekke is characterized by a decentralized organizational model with a strong corporate culture and a high degree of employee ­involvement. Over half the employees are co-owners, holding slightly more than 20% of Veidekke's shares between them. The company is listed on the Oslo Stock Exchange and has never declared a loss 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.
Title File type
Asphalt pdf