Veidekke ASA: Veidekke to build homes in Sandnes
(Thomson Reuters ONE) -
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 m(2). 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(at)blockberge.no
Project Developer Geir Inge Fuglestad, Veidekke Eiendom, tel +47 93 05 17 30,
geir.fuglestad(at)veidekke.no
Communications Manager Helge Dieset of Veidekke, tel. +47 21 05 77 91 /
905 53 322, 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 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.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Nygaardshagen:
http://hugin.info/172/R/1633936/524483.pdf
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originality of the information contained therein.
Source: Veidekke ASA via Thomson Reuters ONE
[HUG#1633936]
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