Veidekke contract for Midgardsormen in Oslo

Veidekke contract for Midgardsormen in Oslo

ID: 50319

(Thomson Reuters ONE) -


Veidekke Entreprenør AS has signed a contract with Oslo municipality, Oslo Water
and Sewerage Works (VAV), for the construction of the Midgardsormen sub-project
A. The contract comprises a cavern facility in connection with Bekkelaget
treatment plant, and the value of the contract is NOK 234 million excluding VAT.


According to the contract, Veidekke is to build tunnels, caverns and shafts at
Bekkelaget treatment plant, as well as a transit tunnel to Gamlebyen and a
discharge tunnel to the sea. The contract is one of a total of eight sub-
projects which combined represent the largest investment in drainage that has
been carried out in Norway so far.

Start-up is planned for the winter of 2011, and construction is expected to take
approx. two and a half years.

For more information about the project:
http://www.vann-og-
avlopsetaten.oslo.kommune.no/stenging_av_vann/prosjekt/midgardsormen/

For more information please contact:
District Manager Kåre Strand, Veidekke Entreprenør AS, tel.
+47 900 88 073,kare.strand(at)veidekke.no
Project Manager Neal Nordahl, Veidekke Entreprenør AS, tel.
+47 909 24 464,neal.nordahl(at)veidekke.no
Project Manager Jan Kopperstad of with Oslo Water and Sewerage Works, tel.
+47 911 62 266,jan.kopperstad(at)vav.oslo.kommune.no
Sub-project head Thoralf Utmo with Oslo Water and Sewerage Works, tel.
+47 915 63 872,thoralf.utmo(at)vav.oslo.kommune.no


Veidekke is one of Scandinavia's largest contractors with 6,000 employees and a
turnover of NOK 16 billion. Activities include building and construction
projects, residential developments, asphalt plants, gravel and aggregates, road
maintenance and recycling. 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 acc. to §5-12 vphl
(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#1477974]


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Bereitgestellt von Benutzer: hugin
Datum: 10.01.2011 - 14:06 Uhr
Sprache: Deutsch
News-ID 50319
Anzahl Zeichen: 3095

contact information:
Town:

Oslo



Kategorie:

Business News



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