Veidekke to develop the Nöten block in Solna

Fabege AB has selected Veidekke Entreprenad for a 500 million SEK collaborative contract for the renovation and modernisation of the Nöten block in Solna.  Veidekke was chosen because of its successful collaboration on the Bocken block in Stockholm and its experience with similar construction projects.

The entire Nöten block is currently undergoing extensive renovation and modernisation. The Swedish Tax Agency is an important tenant that has decided to lease 29,000 square metres.  The reconstruction that Faberge and Veidekke are undertaking is based in the Swedish Tax Agency's high standards for the environment, energy, technology and flexibility.

"Fabege is Stockholm's leading real estate company, and our customers and our position are central to everything we do. It is therefore important that the suppliers we use can meet our rigorous requirements regardingquality, cost-efficiency and professionalism. That we are placing increasing confidence in Veidekke Entreprenad is a result of their meeting our expectations", says Klas Holmgren, Director of Project and Development in Fabege.

"We are very pleased that we were awarded this contract, and are looking forward to yet another successful collaboration with Fabege," says Mikael Lidström, Regional Manager for Veidekke Entreprenad AB in Region Bygg Stockholm.

The value of the order is approximately MSEK 500, exclusive of VAT.

For further information, please contact:
Mikael Lidström, Regional Manager, Veidekke Entreprenad, mikael.lidstrom@veidekke.se, tel. +46 8 635 61 00
Jenny Henrichson, Communication Manager, Veidekke Entreprenad, jenny.henrichson@veidekke.se,
tel.: +46 733 57 10 88
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)
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Noten block in Solna pdf