The Interaksjon Færder ANS collaboration, in which Veidekke is a participant, has been commissioned by Vestfold County Municipality to build the new Færder upper secondary school. Veidekke's share of the contract is NOK 230 million excluding VAT.
In addition to Veidekke Entreprenør AS, other participants in the collaboration are Bravida Norge AS, Oras AS, White Arkitekter AB, Sweco Norge AS and Norconsult AS. The total value of the Interaksjon Færder contract is NOK 380 million excluding VAT.
The construction project is organized according to the interaction principle, which was used when the county municipality built the Thor Heyerdahl upper secondary school in Larvik three years ago.
The new school building will be built on the Teie site in Tønsberg, and will have a total floor space of 15,000 sqm., and will include a gymnasium and premises for teaching technology and industrial manufacture, design and handicraft, technical and general subjects (TAF), electronics and building and construction technology. The school currently has 740 pupils and 150 employees in two school buildings.
Work has started, and the new school will be ready for the start of the school term in the autumn of 2014.
For more information please contact:
District manager Erland Johansen, Veidekke Entreprenør, Vestfold District, tel. +47 92 49 24 87, erland.johansen@veidekke.no
Communications Manager Helge Dieset, Veidekke ASA, tel. +47 21 05 77 91 / +47 90 55 33 22, 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 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 acc. to §5-12 vphl (Norwegian Securities Trading Act)