Veidekke ASA ( (GB:0GF6) ) just unveiled an update.
Veidekke ASA has been awarded a NOK 490 million contract by OBOS to construct the Oen circular housing project in Oslo, featuring 133 apartments designed to be zero-emission buildings. This project, which includes renewable energy solutions and passive house standards, is expected to enhance the Groruddalen area and meet the growing housing demand, with construction starting in April and completion anticipated by spring 2027.
More about Veidekke ASA
Veidekke is one of Scandinavia’s largest contractors, involved in building and civil engineering projects, road maintenance, and the production of asphalt and aggregates. The company emphasizes stakeholder involvement and local expertise, with an annual turnover of approximately NOK 41 billion. Veidekke is listed on the Oslo Stock Exchange and has consistently posted profits since its founding in 1936.
YTD Price Performance: 1.83%
Average Trading Volume: 2,049
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK19.54B
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