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Veidekke ASA ( (GB:0GF6) ) has shared an update.
Veidekke has secured a contract for the first phase of a significant construction project involving a new emergency building and municipal health center in Kristiansand. This project, valued at a total of 2.266 billion kroner, is a collaborative effort with Kristiansand municipality, Sørlandet hospital, and Sykehusbygg. It showcases Veidekke’s expertise in hospital construction, with plans to finalize the construction contract by 2025 and complete the project by 2028. This development positions Veidekke as a leader in infrastructure projects, reinforcing its reputation and operational capabilities in the industry.
More about Veidekke ASA
Veidekke is one of Scandinavia’s largest contractors, engaging in construction and civil engineering contracts, road maintenance, and the production of asphalt, crushed stone, and gravel. The company is known for its strong local involvement and substantial employee ownership, with approximately 8,000 employees and a turnover of NOK 43 billion. Veidekke is listed on the Oslo Stock Exchange and has maintained profitability since its founding in 1936.
YTD Price Performance: -2.82%
Average Trading Volume: 1,700
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK18.92B
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