Won major contract in Lillestrøm

Jernbanegata AS (OBOS) has awarded Veidekke Entreprenør the contract to build the Portalen project. At the railway site in Lillestrøm Veidekke will erect an office building, two blocks of ­flats, retail premises, a hotel and a parking cellar. This is a turnkey contract valued at NOK 821 million, excluding VAT. 

The project is a huge 55,000 square metres and includes 144 flats, 219 hotel rooms, 4,000 square metres of retail premises and 17,000 square metres of office space for 868 workplaces. The office building will be built according to the BREEAM-NOR Very Good environmental classification. The parking cellar will have space for 248 cars and 788 bicycles.

"Portalen is a large and complex project which will put our combined expertise to test. We have worked on developing the project since the autumn of 2013 in close cooperation with OBOS, the consulting engineers and architects. Now we are looking forward to starting the actual construction work, and would like to thank OBOS for their confidence in us," says district manager Hans Olav Sørlie of Veidekke.

"Portalen is a large and important project that includes good, essential urban development changes that will have a positive effect on Lillestrøm. In such a comprehensive project we are pleased to have an experienced player such as Veidekke on board," says Executive Vice President Arne Baumann of OBOS.

Work starts in March, and is to be completed in January 2018.

The picture is from signing the contract and shows Executive Vice President Arne Baumann of OBOS  (left) and district manager Hans Olav Sørlie of Veidekke.

For more information, please contact:
Project manager Anders Haugen of Veidekke, tel.: +47 97 66 63 14, anders.haugen@veidekke.no
Executive Vice President Arne Baumann with OBOS, tel.: +47 90 11 38 70, arne.baumann@obos.no 
Head of department Rune Andersstuen of Veidekke, tel.: +47 91 83 33 80, rune.andersstuen@veidekke.no
Communications Manager Helge Dieset of Veidekke, tel. +47 90 55 33 22, helge.dieset@veidekke.no

Veidekke is one of Scandinavia's largest contractors and property developers. The company undertakes all types of building and construction contracts, maintains roads and produces asphalt, crushed stone and gravel. The company is characterised by involvement and local knowledge. Turnover is NOK 21 billion (2013), and half of the 6,300 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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Portalen picture and illustration pdf