Veidekke: Maintenance work for Bane NOR

27 Dec 2022 15:54 CET

Veidekke has won the commission to strengthen the power supply for trains on the
railway section between Sandvika and Drammen for Bane NOR. The contract is
valued at NOK 160 million excluding VAT.

New trains and more frequent departures require higher capacity from the power
supply to the railway network, and now the Asker railway from Sandvika westwards
will be upgraded. The commission awarded to Veidekke will contribute to greater
regularity to the benefit of the many train passengers in the years ahead.

"We are grateful for the confidence shown in us and for yet another great
commission for Bane NOR. The work will be carried out at night so that there
will be minimal disruptions for passengers on this very busy section, which
means high demands on planning and safety. The commission will involve a high
degree of interdisciplinarity, which suits us well," says Magnus S. Kristensen,
Manager of Veidekke Bane.

"Bane NOR is very satisfied with the competition and looks forward to a good
collaboration. We will emphasize the importance of HSE at all stages, not least
in relation to everything to do with live installations", says project manager
Rune Olsen at Bane NOR.

Construction starts in February, with completion scheduled for 2025. The
commission is included in Veidekke's order book for the fourth quarter of 2022.

For further information, please contact:
Manager of Veidekke Bane Magnus Sutherland Kristensen, tel. +47 92 22 90 81,
magnus.kristensen@veidekke.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.

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