Veidekke: New contract with Fornebubanen valued at more than NOK 1 billion

Today Veidekke has signed a contract with Fornebubanen to build a tunnel on the 2 km section from Majorstua to Skøyen in Oslo.. The commission is an execution contract with an estimated value of almost NOK 1.4 billion excluding VAT.

Signering K1B

“We are proud to have won the competition for yet another stage on Fornebubanen, and we are pleased to be able to continue the good cooperation we have from the section between Lysaker and Vækerø. We value this type of commission very highly, where we can contribute to sustainable urban development by building important infrastructure that will transport thousands of travellers every single day for a long time to come,” says Neal Nordahl, Director of Veidekke Anlegg.

Veidekke will carry out groundworks and operate the tunnel between Skøyen station and Volvat. It also includes a side/escape tunnel and a cross cut at Madserud where the spoil material will be taken out. The contract includes some challenging geology with critical grouting work. Among other things, the tunnel will cross under Røabanen, Sørkedalsveien and the water and sewage tunnel to VEAS.

"There was close and even competition for this contract. Three different actors submitted offers. Veidekke was the actor who achieved the highest score in the thorough evaluation process. Veidekke scored the highest on the award criteria price, quality and environment," says project manager Hanne Elisabeth Wiig of Fornebubanen.

Rigging at Madserud will start immediately after the holidays, while construction work is scheduled to start at the end of August with completion planned for the first quarter of 2027.

The contract is included in Veidekke's order book for the second quarter. More about Fornebubanen here.


For further information, please contact:
Neal Nordahl, Director of Veidekke Anlegg, tel. +47 90 92 44 64, neal.nordahl@veidekke.no
Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22, helge.dieset@veidekke.no
Communications Director Line Fredriksen of Fornebubanen, tel. +47 91 36 25 54, line.fredriksen@fob.oslo.kommune.no

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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. Annual turnover is approx. NOK 39 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.

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