28 Dec 2022 08:45 CET

Issuer

Veidekke ASA

The implementation contract has now been signed, and in the new year
construction work will start on the new Cissi Klein upper secondary school at
Falkenberg in Trondheim. Trøndelag county municipality has set a number of
unique and visionary targets for sustainability and flexibility, which in turn
has fostered numerous new, innovative solutions for the eco-certified project
(ZEB-0 ÷ EQ).

The new school will be built for 700 pupils and will offer educational
programmes such as natural sciences, music, dance and drama, health and care,
technology and industry subjects and specialisation in general studies. The
building will have a full-scale multi-purpose hall, a large auditorium, a
bicycle basement and outdoor areas on both the ground and roofs. The capacity
may be increased to 900 pupils with minor adjustments, and the building's floor
plan and function will be easy to alter thanks to a flexible, reusable
structure.

"We were very proud when we and HUS architects won the collaborative contract in
2021, because the county municipality emphasised expertise and suitability so
heavily (90%). We have had a long and good collaborative phase that will ensure
that this will be an excellent and sustainable project to the benefit of pupils
and teachers for many years ahead. The zoning plan has finally been approved, so
we're looking forward to starting construction in the new year," says regional
director Torgeir Wiig of Veidekke Bygg Trøndelag.

In addition to ability to change, CO\2 \reduction is an important condition for
the project. The goal is that emissions will comprise a maximum of 45% of a
reference building. To achieve this, ultra-low carbon concrete will be used,
including in the floor slabs. This is completely new and has been developed in
partnership with Veidekke's subsidiary Grande Entreprenør in Verdal. Another
measure to reduce emissions is the reuse of materials, and 100 year-old bricks
from the margarine factory at Buran will be used for the façade.

"We have high climate ambitions for our construction projects. Through the
collaboration with Veidekke who have similar ambitions, we have jointly
developed a building designed for future reuse, with extensive use of existing
building materials and not least an energy efficient building that produces as
much energy as it consumes. The fact that Cissi Klein upper secondary school is
located at one of Trondheim's most central public transport hubs further
contributes to reach the climate neutral society we are aiming for," says
Building and property manager Rune Venås with Trøndelag County Municipality.

Preparatory work was carried out at the site in the autumn, while the actual
construction work starts in January. The target price contract is valued at NOK
640 million excluding VAT and was included in Veidekke's order book for Q2 2022.

Cissi Klein (1929-1943) was a Norwegian Jewish girl who is commemorated every
year in her home town of Trondheim as one of the victims of the Holocaust. More
information about the school and Cissi Klein is available
here. (https://web.trondelagfylke.no/cissi-klein-videregaende-skole/om-oss/nye
-cissi-klein-vgs/)

For further information, please contact:
Regional Director Torgeir Wiig, tel. +47 95 02 07 30, torgeir.wiig@veidekke.no
Communications Manager Helge Dieset, tel. +47 90 55 33 22,
helge.dieset@veidekke.no
Building and property manager Rune Venås of Trøndelag County Municipality, tel.
+47 907 83 473, runve@trondelagfylke.no
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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking
all types of building and civil engineering assignments, the group also
maintains roads and produces asphalt and aggregates. Veidekke emphasises
stakeholder involvement and local experience. Annual turnover is approx. NOK 38
billion, and around 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