Veidekke ASA: To build student accommodation in Drammen

Veidekke ASA: To build student accommodation in Drammen

ID: 478208

(Thomson Reuters ONE) -


Veidekke Entreprenør AS has entered into a contract with the Student Welfare
Organization in South-East Norway (SSN) to build accommodation for 195 students
at Øvre Sund in Drammen. The housing will be built to comply with the Passive
House standard and will largely be constructed of massive wood. The value of the
contract is NOK 119 million excluding VAT.

In connection with its work to further develop the student accommodation in
Drammen, the Student Welfare Organization in South-East Norway (SSN) has
selected Veidekke and Code: arkitektur as its partners to design and build the
new student accommodation.

"We have built on the good collaboration we have developed with Campus Ringerike
in Hønefoss, which will be ready by the beginning of the academic year in
August. It is very satisfying that we can transfer the expertise we have
acquired and ensure continuity in the construction of sustainable, eco-friendly
buildings, and we are pleased and proud of the confidence in Veidekke that SSN
has demonstrated by awarding us this contract," says district manager Sverre
Liavaag of Veidekke Entreprenør Buskerud.

The project comprises two blocks of flats with three and four floors
respectively, above a basement floor with storage rooms, cycle parking and
laundry facilities for the students. The buildings will meet all the Passive
House requirements, in line with the student accommodation project at Campus
Ringerike.

The site is currently being rigged, and the plan is to get started on the
groundwork promptly. Assembly of the massive wood structure will commence in
late summer, and the entire project is slated for completion by the start of
academic year in autumn in 2017.



For press photos, see www.flickr.com/photos/veidekke, for more information,
contact:
District manager Sverre Liavaag, tel. +47 90 74 18 77,




sverre.liavaag(at)veidekke.no
Project manager Martin Schinnes tel. +47 99 02 64 61,
martin.schinnes(at)veidekke.no
Communications Manager Helge Dieset, tel. (+47) 90 55 33 22,
helge.dieset(at)veidekke.no
Director and project manager Hans Erik Stormoen of SSN, tel. +47 90 60 53 40,
hans.erik.stormoen(at)hbv.no



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Veidekke is one of Scandinavia's largest construction and property development
companies. The company undertakes all types of construction and civil
engineering contracts, maintains roads, and produces asphalt and aggregates. The
company is characterised by involvement and local knowledge. Revenue is NOK
24.5 billion (2015), and half of the 7,000 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.

Student housing Drammen:
http://hugin.info/172/R/2021237/750870.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#2021237]




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Bereitgestellt von Benutzer: hugin
Datum: 16.06.2016 - 14:53 Uhr
Sprache: Deutsch
News-ID 478208
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