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Veidekke to Begin Construction on Environmentally Certified Town Hall in Holmestrand

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Veidekke to Begin Construction on Environmentally Certified Town Hall in Holmestrand

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Veidekke ASA ( (GB:0GF6) ) has issued an announcement.

Veidekke has secured a contract to construct a new environmentally certified town hall in Holmestrand, valued at 160 million kroner. The project, designed to meet BREEAM-NOR Very Good standards with energy class A, will enhance services for the community and create jobs for over 70 employees and numerous local partners. The town hall, part of a broader area development by the train station, will commence construction in March, with completion expected in autumn 2026, contributing to Veidekke’s order reserve for 2025.

More about Veidekke ASA

Veidekke is one of Scandinavia’s largest contractors, involved in various construction and civil engineering projects, road maintenance, and the production of asphalt, crushed stone, and gravel. The company is characterized by local knowledge and employee involvement, with approximately NOK 43 billion in turnover and a workforce of 8,000, half of whom own shares. Listed on the Oslo Stock Exchange, Veidekke has maintained profitability since its founding in 1936.

YTD Price Performance: 2.90%

Average Trading Volume: 1,662

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK19.68B

See more data about 0GF6 stock on TipRanks’ Stock Analysis page.

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