Veidekke ASA: To upgrade freight terminal in Drammen

Veidekke ASA: To upgrade freight terminal in Drammen

ID: 398296

(Thomson Reuters ONE) -


The Norwegian National Rail Administration has awarded Veidekke Entreprenør the
contract to upgrade the freight terminal at Holmen in Drammen. This is a
construction contract valued at NOK 105 million, excluding VAT.

The majority of imported cars to the country arrive at Holmen freight terminal
in Drammen, and in combination with other freight at the terminal, this
constitutes significant traffic. At the same time, rail traffic on the line
between Drammen and Asker has increased significantly in recent years. This
makes it necessary to upgrade the terminal in order for traffic to avoid
blocking the main line while also ensuring efficient freight handling.

The contract won by Veidekke includes renovating old tracks, laying approx. 2.6
kilometres of new tracks, building a railway bridge, carrying out foundation and
concrete works and electrical work. Work is currently commencing, and will be
finished by March 2016.



For press photos, see www.flickr.com/photos/veidekke, for more information,
contact:
Project Manager Knut Lauvålien, tel.: +47 41 52 99 46,
knut.lauvalien(at)veidekke.no
Project Manager Kjell Otnæs NNRA, tel.: +47 45 60 81 76, kjell.otnaes(at)jbv.no
Communications Manager Helge Dieset, tel.: +47 90 55 33 22,
helge.dieset(at)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. Revenue is almost NOK 24
billion (2014), and half of the 6,400 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 of the disclosure requirements pursuant to section




5-12 of the Norwegian Securities Trading Act.

Rail illustration:
http://hugin.info/172/R/1926417/691304.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1926417]




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Bereitgestellt von Benutzer: hugin
Datum: 04.06.2015 - 15:22 Uhr
Sprache: Deutsch
News-ID 398296
Anzahl Zeichen: 2717

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