Veidekke: To renovate and remodel school in Vallentuna, Sweden

24 Feb 2023 14:00 CET

Veidekke's Swedish subsidiary Arcona has been commissioned by Vallentuna
municipality to renovate and remodel Vallentuna upper secondary school, which in
future will house both the school and municipality offices. The collaborative
design and build contract is worth approx. SEK 190 million, of which the design
phase has already been completed and amounts to approx. SEK 15 million.

The approx. 9,000 m[2] school building will be renovated and converted into
modern premises suitable for students as well as for municipality employees. The
project also comprises a car park for employees and a new rooftop building to
house the fan room. Completion of the project is expected in autumn 2024.

The idea of moving the municipality offices to the upper secondary school came
as the municipality, while looking for new premises, was seeing that the current
student body of 400 were unable to fully utilise a school building built for 650
students. The municipality hopes that the co-location will result in more
efficient use of the property.

"We are very happy to be able to sign the contract with Arcona to bring this
whole exciting project to fruition," says Magnus Sjögren, project manager at
Vallentuna municipality.

Arcona announced the contract for the design phase of the conversion in June
2022, and has now been entrusted with the actual production phase. Construction
start is just around the corner, and planning and demolition work is already
underway. Measures have been taken to ensure that the school can continue normal
operations during the project period.

"We are excited that Vallentuna municipality has entrusted us with phase 2 of
this collaborative project, which has many challenges and is not an easy one. We
are ready for the task and look forward to starting production now, says Jörgen
Böhlin, project manager at Arcona.

For more information, contact:

Jörgen Böhlin, jorgen.bohlin@arcona.se ,+46 08-601 21 07

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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. Its annual turnover is
approximately NOK 39 billion, and half of its 8,000 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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