Veidekke ASA: Major contract for Veidekke in Lillehammer Today Veidekke Entreprenør has signed a contract with the Foundation for Student Service in Oppland (SOPP) and USBL for the construction of 360 student bedsits in four environmentally friendly buildings in the Olympic Park in Lillehammer. This will be a turnkey contract valued at NOK 200 million, excluding VAT. The project is one of the interior's largest construction projects. The student homes, which will be used as the athletes' village during the Youth Olympics in 2016, will be just behind Stampesletta in the centre of Lillehammer. SOPP is to build three buildings with a total of 300 bedsits, while USBL will build one building with 60 bedsits. The combined gross area will be 13,800 m^2. The environment and energy have been central to the development of the project. The buildings will be passive houses with district heating, sorting at the source and bicycle parking for all bedsits. There will be four common rooms, four storage rooms, two ski waxing rooms and one shared laundry in the complex. Each bedsit will be 18 m2 in size with a living room/bedroom, hall, bathroom and mini kitchen. All buildings will have lifts and toilets for the disabled on each floor. Twenty per cent of the bedsits (72) will have universal access. The buildings are to be erected with in-situ concrete foundations, platform covers with screeds as floor dividers, in situ concrete dividing walls, wood façade elements and flat roofs covered by roofing felt. The foundation work has been ongoing since the summer, and the flats will be ready for use at the start of term in the autumn of 2015. Illustration: Student Homes Lillehammer For more information please contact: District Manager Gudmund Lien Bjørnstad of Veidekke, tel. +47 91 1283 65, firstname.lastname@example.org Housing and property director Geir Monsen of SOPP, tel. +47 95 98 16 21, email@example.com Veidekke's Communications Manager Helge Dieset, tel. +47 90 55 33 22, firstname.lastname@example.org Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of NOK 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates, and road services. Our values are professional, honest, enthusiastic and ground-breaking. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterised by a strong corporate culture with employee involvement and co-ownership as important cornerstones. More than half of the employees are co-owners, holding around 20 per cent of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Lillehammer ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Veidekke ASA via Thomson Reuters ONE HUG#1739247
Veidekke ASA: Major contract for Veidekke in Lillehammer
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