Veidekke ASA : Veidekke wins power contract in southern Norway

Veidekke ASA : Veidekke wins power contract in southern Norway

ID: 139718

(Thomson Reuters ONE) -


Today Otra Kraft DA has signed a contract with Veidekke Entreprenør to build new
transfer tunnels to Brokke power station in Setesdal. This is a turnkey contract
with a value of NOK 168.8 million excluding VAT.

Veidekke's work will largely comprise blasting and concrete work. A new transfer
tunnel for water almost 8 kilometres in length with a cross-section of 14 square
metres is to be built. Veidekke will additionally build two traditional stream
intakes and a new intake from Lisle Myklevatn.

Brokke sør is in Valle municipality in Aust Agder county. The works commence
shortly, and planned completion is in May 2014.


For more information please contact:
Project manager Tor Harald Haugen with Veidekke, tel. +47 95 21 82 33, tor-
harald.haugen(at)veidekke.no
Project manager Harald Kjetil Glendrange with Otra Kraft, tel +47 95 74 42 54,
harald.kjetil.glendrange(at)ae.no
Communications Manager Helge Dieset of Veidekke, tel. + 47 21 05 77 91 /+
47 90 55 33 22, helge.dieset(at)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 pursuant to section




5-12 of the Norwegian Securities Trading Act.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Veidekke ASA via Thomson Reuters ONE
[HUG#1606417]


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Datum: 26.04.2012 - 14:55 Uhr
Sprache: Deutsch
News-ID 139718
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