Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An announcement from Veidekke ASA ( (GB:0GF6) ) is now available.
Veidekke has secured a project to construct 244 apartments and non-domestic premises in Råsunda, Stockholm, for Solna’s public housing foundation, Signalisten. The project, valued at SEK 609.5 million, is set to begin in 2025 and aims to transform the Bollen block into a sustainable community with new rental apartments, a health center, and environmentally certified buildings. This initiative signifies a significant expansion phase in residential construction for Veidekke, despite challenges such as high groundwater levels and a metro network beneath the site. The project’s completion is anticipated in spring 2029.
More about Veidekke ASA
Veidekke is one of Scandinavia’s largest contractors, engaged in building and civil engineering projects, road maintenance, and production of asphalt and aggregates. The company highlights stakeholder involvement and local expertise, with an annual turnover of approximately NOK 43 billion. Veidekke is listed on the Oslo Stock Exchange and has consistently posted profits since its founding in 1936.
YTD Price Performance: 2.58%
Average Trading Volume: 1,666
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK19.73B
For detailed information about 0GF6 stock, go to TipRanks’ Stock Analysis page.
