28 Nov 2022 10:20 CET

Issuer

Veidekke ASA

Veidekke subsidiary Grande Entreprenør is to build a poultry slaughterhouse in
the Trøndelag county village of Røra on behalf of Berg Eiendom Levanger AS. The
slaughterhouse will be operated by Ytterøykylling AS and Nortura. The contract
is a design and build contract valued at around NOK 140 million excluding VAT.

"We are over the moon that Berg Eiendom has selected us as their contractor.
This will result in significant production on our books in both 2023 and 2024,
which will help to secure the jobs of our 200 employees and our local partners.
Additionally, a facility of this kind will have positive ripple effects,
bringing many new jobs to the region, which will form the basis of growth and
make the Innherred district an appealing place to live," says Morten Hynne,
General Manager of Grande Entreprenør.

The slaughterhouse will be located at the Leinsmyra industrial area in Røra in
the municipality of Inderøy, and it will have a total approximate area of
8,500m[2] distributed over three storeys. The facility will include areas for
the slaughter and processing of poultry, as well as a goods in area for live
animals and a goods out area for finished products. There will also be a
separate administration wing included in the building.

"With my own background in the meat industry, it's particularly gratifying on
the personal level that we're adding a slaughterhouse to our CV. Food production
is one of the most meaningful things we can do, and it goes without saying that
a community like Innherred, part of Norway's agricultural heartland, must have
facilities that allow it to further process those products that come from its
farming," Hynne concludes.

Construction work will start in the spring with completion scheduled for the
autumn of 2024.

For further information, please contact:
General manager Morten Hynne of Grande Entreprenør, tel. +47 95 24 85
41,morten.hynne@grande-entreprenor.no
Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22,
helge.dieset@veidekke.no

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Veidekke is one of Scandinavia's largest construction companies. The company
undertakes all types of construction and civil engineering contracts, maintains
roads, and produces asphalt and aggregates. Veidekke emphasises stakeholder
involvement and local experience. Its annual turnover is approximately NOK 38
billion, and half of its 7,800 employees own shares in the company. Veidekke is
listed on the Oslo Stock Exchange and has posted a profit every year since its
inception in 1936.


Source

Veidekke ASA

Provider

Oslo Børs Newspoint

Company Name

VEIDEKKE, Veidekke ASA 18/25 3,20%

ISIN

NO0005806802, NO0010819261

Symbol

VEI

Market

Oslo Børs