01 Mar 2023 08:20 CET

Issuer

Veidekke ASA

Thor Småbrekke will be taking over from Erlend Bygness as the Regional Manager
of Veidekke Bygg Bergen on 1 March. Småbrekke has played a key role in the
development of Constructa Entreprenør and he is now taking over responsibility
in Bergen following Veidekke's acquisition of Constructa was formalised in
November 2022. Erlend Bygnes will continue to work for Veidekke in a new
capacity.

"I'm very pleased that both Thor and Erlend are taking on exciting new roles at
Veidekke Bygg Bergen. Erlend has made it clear that, after 30 years in various
management positions at Veidekke in Bergen, he would now like to be more
involved in operational work with customers and project development, something
for which he has considerable previous experience. At the same time, we will
have a great, highly experienced manager in Thor as our new Regional Manager,"
says the Director of Veidekke Bygg Vest, Ingmar Austevoll.

Veidekke completed its acquisition of Constructa in November 2022 and the two
companies complement each other in several areas. Their services are now being
extended to customers and partners as a larger unit with increased expertise and
implementation capacity. With the appointment of a new manager, work on the
merger between the two companies will now continue during the run-up to the
summer of 2023.

"It is a great pleasure to be able to take over this role from Erlend and I am
really looking forward to working with our skilled and competent people. Now
that we are bringing Constructa and Veidekke under the Veidekke name we know
that we will be increasing our competitiveness and our attractiveness to our
customers, partners and employees," says Thor Småbrekke, the new Regional
Manager at Veidekke Bygg Bergen.

Veidekke Bygg Bergen will have around 350 employees with an annual turnover of
approx. NOK 1.8 billion. Both companies have their own strong production
operations and invest in their own skilled workers, with just under 200 of their
employees being dedicated skilled workers.

"It's the right time for me to go back to working with customers and project
development. I've had an amazing time as the head of a fantastic organisation
with great, knowledgeable people. I'm now handing over the baton with pleasure
to an experienced manager like Thor, who I am sure will make Veidekke Bygg
Bergen an even stronger and more attractive unit," says Erlend Bygnes.

For further information, please contact:
Director Ingmar Austevoll at Veidekke Bygg Vest, tel. +47 97 08 82 99,
ingmar.austevoll@veidekke.no
Regional Manager Thor Småbrekke at Veidekke Bygg Bergen, tel. +47 93 43 06 60,
thor.smaabrekke@veidekke.no
Communications Manager Helge Dieset, tel. +47 90 55 33 22,
helge.dieset@veidekke.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 39
billion, and almost 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.


Source

Veidekke ASA

Provider

Oslo Børs Newspoint

Company Name

VEIDEKKE, Veidekke ASA 18/25 3,20%

ISIN

NO0005806802, NO0010819261

Symbol

VEI

Market

Oslo Børs