Veidekke ASA: To refurbish shopping centre in Bryne

Veidekke ASA: To refurbish shopping centre in Bryne

ID: 511738

(Thomson Reuters ONE) -


Today Veidekke's subsidiary Block Berge Bygg has entered into a contract with
Nedremarka Eiendom, which is owned by Coop Sørvest and Coop Norge Eiendom, to
refurbish and extend the M44 shopping centre in Bryne. This will be a turnkey
contract valued at NOK 110 million, excluding VAT.

The project has been developed by Nedremarka Eiendom in collaboration with Block
Berge Bygg and with Rambøll as architect. Building work includes an 9,000 m(2)
extension of the centre. Following the extension, the centre will have several
new shops and emerge as future-oriented and modern. The contract also entails a
significant extent of own production for Block Berge Bygg, which will be
important for activity levels in 2017.

"We are very pleased that Nedremarka Eiendom has chosen Block Berge Bygg as
partner. We have long experience and extensive expertise in carrying out
construction projects in shopping centres that are in full operation," says
managing director Yngvar Karlsen of Block Berge Bygg AS..

Planning is already under way, while the actual construction work at the centre
starts in January 2017. The new centre is scheduled for completion in April
2018.


For press photos, see www.flickr.com/photos/veidekke, for more information,
contact:
Yngvar Karlsen, managing director of Block Berge Bygg, tel. +47 91 66 49 51,
yk(at)blockberge.no
Eli Ulveseter, general manager of Nedremarka Eiendom and M44 centre manager,
tel. +47 99 09 90 79, eli(at)m44.no
Helge Dieset, Communications Manager Veidekke, tel. +47 90 55 33 22,
helge.dieset(at)veidekke.no



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Veidekke is one of Scandinavia's largest construction and property development
companies. The company undertakes all types of building and construction
contracts, maintains roads and produces asphalt and aggregates. The company's




operations are 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.

Photo Block Berge Bygg:
http://hugin.info/172/R/2062993/774079.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Veidekke ASA via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 08.12.2016 - 12:05 Uhr
Sprache: Deutsch
News-ID 511738
Anzahl Zeichen: 2979

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