Veidekke to build a railway tunnel for PEAB and Banverket

Veidekke to build a railway tunnel for PEAB and Banverket

ID: 8225

(Thomson Reuters ONE) - Veidekke Entreprenad AB is going to build a railway tunnel on theVänerbanan line between Trollhättan and Gothenburg for PEAB and theSwedish Rail Administration, Banverket.As a subcontractor to PEAB, Veidekke Entreprenad AB will build a 1.8km long railway tunnel on the Vänerbanan between Trollhättan andGothenburg."We are pleased and proud to have been entrusted by PEAB andBanverket to build the tunnel. The project will employ some 25 tunnelworkers and 10 office workers," says Konstantin Spinos, ProjectManager, Region Heavy Construction East.The railway tunnel is part of the extension of the Vänerbanan linebetween Trollhättan and Gothenburg. Here the line is being expandedto have double track. PEAB's contract for the Hede-ÿlvängen stretchof the line amounts to SEK 540 million."Along with the other tunnel projects we are working on, this projectmeans that we have enough work for all our employees for theforeseeable future, providing security for everyone. We will drillthe tunnel using our new flagship - a brand new four-boom drillingrig. This cements our position as a player to be reckoned with in thetunnel market in Sweden, and we are very excited about the future, inlight of all the major infrastructure investments that are underway,"concludes Konstantin Spinos.Veidekke's contract is worth SEK 240 million. Work on the projectwill start in December 2009 and is scheduled to be completed by 2012.For further information contact:Per Brinck, Regional Manager, Veidekke Entreprenad AB, Region HeavyConstruction East,Tel.: +46 8 635 61 57 / +46 70 600 05 81Konstantin Spinos, Project Manager, Veidekke Entreprenad AB, RegionHeavy Construction East,Tel.: +46 8 635 61 28 / +46 733 559 924Veidekke Entreprenad AB is part of Veidekke ASA, which is a leadingScandinavian contractor and property developer with 6 250 employeesand an annual turnover of NOK 19.4 billion (2008). The Group islisted on the Oslo Stock Exchange and has a broad ownershipstructure, under which the employees own 18 per cent of the shares.The Group's operations cover a wide range of building andconstruction contracts, the development of housing andnon-residential buildings for private and public sector clients,asphalt operations and road maintenance, as well as the collectionand recycling of waste.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 11.11.2009 - 12:08 Uhr
Sprache: Deutsch
News-ID 8225
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