Veidekke to build homes in Sandnes

Veidekke's subsidiary, Block Berge Bygg AS, has been awarded the contract to build the Nygaardshagen apartment project in Sandnes for Jærtunet AS. Jærtunet A/S is owned 50/50 by Veidekke Eiendom and Trend Eiendom. The contract has a total value of NOK 117 million excluding VAT and is a turnkey contract.

The project will be located in the centre of Sandnes and have a total area of about 9.500 m² in two storeys with underground car parking, four blocks of 48 apartments and commercial premises of 275 m². The building will be well-located, a short distance from central Sandnes. The architect is Arkitektkontoret Stav AS of Stavanger.

The project will be an energy-efficient building, with façades of load-bearing concrete sections produced at Block Berge Bygg's factory at Klepp and delivered ready-painted. 

Groundwork and the demolition of existing buildings have already started. The building work itself will start in August and the apartments are expected to be completed by the end of 2013.

This will be the third residential project carried out by Block Berge Bygg in this area for Veidekke Eiendom in partnership with local developers.

For more information please contact:
Managing Director Yngvar Karlsen, Block Berge Bygg AS, telephone +47 51 78 99 00/91 66 49 51, yk@blockberge.no
Project Developer Geir Inge Fuglestad, Veidekke Eiendom, tel +47 93 05 17 30,  geir.fuglestad@veidekke.no 
Communications Manager Helge Dieset of Veidekke, tel. +47 21 05 77 91 / 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.