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Veidekke ASA ( (GB:0GF6) ) has shared an announcement.
Veidekke has secured a SEK 256.5 million contract to build care and nursing homes in Södertälje’s Lina district, awarded after a public procurement process. This project, set to start design work in January and complete by mid-2027, is part of the municipality’s plan to enhance local housing supply and meet care needs. The building will feature 80 apartments and be certified to the Miljöbyggnad 3.1 Silver standard, reflecting Veidekke’s expertise in constructing community facilities. This contract enhances Veidekke’s order backlog for the first quarter of 2025, potentially strengthening its industry positioning and stakeholder engagement.
More about Veidekke ASA
Veidekke is one of Scandinavia’s largest contractors, involved in construction and civil engineering assignments, road maintenance, and the production of asphalt, crushed stone, and gravel. With a turnover of approximately NOK 43 billion and a workforce where half of the 8,000 employees own shares, the company is characterized by local involvement and knowledge. Veidekke is listed on the Oslo Stock Exchange and has been consistently profitable since 1936.
YTD Price Performance: -0.99%
Average Trading Volume: 1,695
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK18.92B
See more data about 0GF6 stock on TipRanks’ Stock Analysis page.
