Veidekke: Retains LKAB's confidence at Vitåfors

08 May 2025 14:00 CEST

Veidekke's Swedish subsidiary EuroMining has signed a new contract with the
mining company LKAB regarding loading and transport of rock masses at Vitåfors
in Malmberget in northern Sweden. The four-year contract, starting 21 May 2025,
includes options for 1 + 1 year extensions.

The Vitåfors assignment includes loading and transport of rock masses, including
boulder crushing and handling. The contract is estimated to have an annual
volume of approximately 6 million tonnes, and to employ up to one hundred
people. The contract represents renewed confidence in EuroMining, which has had
the assignment of loading and transporting rock masses at Vitåfors since 2016.

"After a number of years of operation in Vitåfors, we are pleased to note that
LKAB appreciates and wants to continue to develop our cooperation," says
Pernilla Storm at EuroMining.

EuroMining specialises in ore loading and transporting, with the bulk of its
operations taking place in the Malmfälten mining district in Gällivare. The
company's largest customer is LKAB, with extensive mining operations in northern
Sweden. Veidekke acquired all shares in EuroMining in 2024.

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

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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 41 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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