Veidekke: To build infrastructure project in Gothenburg for the Swedish Transport Administration

22 Nov 2024 09:00 CET

Veidekke has been contracted by the Swedish Transport Administration to build
Stage 1 Lundbyleden-Brunnsbo station in Gothenburg, an infrastructure project to
the north of Lundbyleden. The execution contract is valued at approx. SEK 997
million.

The contract comprises foundation and civil engineering works for the
Lundbyleden-Brunnsbo station section, which will include two railway bridges and
a road bridge as well as piled foundations, retaining walls and the lifts at
Brunnsbo station. Production in the project will begin in 2025, and all four
contracts that make up Lundbyleden are scheduled to be completed by 2029/2030.

"We are looking forward to contribute to improving infrastructure that
simplifies everyday life for people in Western Sweden. We have worked with the
Swedish Transport Administration on many successful projects before, and I am
confident that this will be yet another," says Fredrik Indevall, Regional
Manager at Veidekke Infrastructure Sweden.

The rebuilding of Lundbyleden is part of the "West Sweden package" (Västsvenska
paketet) project, which comprises comprehensive transport infrastructure
investments. The goal is to make it easier to get around by train, bus, tram,
bicycle and car, make public transport a more attractive option and provide
businesses in Western Sweden with more reliable transport solutions.

Read more about Lundbyleden (https://bransch.trafikverket.se/en/e6-lundbyleden).

The contract is included in the Q4 2024 order book.

For more information, contact:
Jørgen Wiese Porsmyr, CFO Veidekke ASA, ph. +47 907 59 058

Caption: The illustration shows Brunnsbo station's northern entrance, as seen
from Backavägen. (Source: Trafikverket)

Veidekke press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028
-Pressebilder-Veidekke/)
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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 43 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.

More information:
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