Veidekke ASA: Veidekke to build student homes in Oslo
Today Minister of Education and Research Kristin Halvorsen broke the first
ground for the 160 studentÂ bedsits Veidekke is building for Studentsamskipnaden
(the student welfare organisation) in Oslo and Akershus (SiO). This will be a
turnkey contract valued at NOK 100 million, excluding VAT.
The student homesÂ will be built in the GrÃ¼nerlÃ¸kka district in the centre of
Oslo, and the project comprises eight floors of student bedsits, a ground floor
for commercial activities and parking in existing neighbouring buildings. The
building will be built directly on bedrock and with a structure of poured in
place concrete with brick faÃ§ades.
The project has a modern expression that is well adapted to the existing brick
district from the interwar period and surrounding buildings from the late
1800s. The building will be designed with consideration towards being highly
visible in the area.
Construction work is currently starting, and the flats will be ready in the
summer of 2014.
Downloadable press photos
For more information please contact:
Head of department Odd Arne Lian with Veidekke, tel. +47 21 05 50 00 /
+47 416 60 556, firstname.lastname@example.org
Communications Manager Helge Dieset of Veidekke, tel. +47 21 05 77 91 /+47
905 53Â 322, email@example.com
Director of Communications Nina Langeland with SiO, tel. +47 22 59 69 93 /
+47 926 18Â 141, firstname.lastname@example.org
Veidekke is one of Scandinavia's leading contractors and property developers
with a turnover of 18 billion (2011) and 6,500 employees. Activities include
building and construction projects, residential developments, asphalt plants,
gravel and aggregates and road maintenance. 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 characterised by a
strong corporate culture with employee involvement and co-ownership as important
cornerstones. More than half of the employees are co-owners, holding around 20%
of the Group'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 pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Veidekke ASA via Thomson Reuters ONE