Veidekke company to build new police station in Sandnes

Veidekke subsidiary Block Berge Bygg AS has been commissioned to build the new police station in Sandnes. The client is West Coast Invest AS. The value of the contract is NOK 75 million excluding VAT. The police station will be located in the centre of Sandnes and have a total area of 5,400 m² on four levels, including an underground car park. The building will be well located, offering easy access for the public. It will be highly visible and only a short distance from Sandnes' main traffic hubs. The building will feature "green" and energy elements in the form of load-bearing concrete facades and will be delivered as an energy-efficient building. The architects are PLANK Arkitekter AS of Sandnes. This project will be a turnkey contract. Building will commence in September 2010, with occupancy scheduled for autumn 2011. The West Coast Invest and Block Berge Bygg project was chosen in competition with four other candidates for the new police station. This will be Block Berge Bygg's fourth building for the police. Block Berge Bygg has previously constructed both building phases of Stavanger police headquarters and built Haugesund police headquarters in partnership with Veidekke, Haugesund District. "We are very pleased that our focus on a high level of industrialisation of the building process, so as to give an efficient building period and good energy and environmental solutions, has once again aided us in winning such a competition," says Yngvar Karlsen of Block Berge Bygg AS. For more information please contact: Yngvar Karlsen, CEO, Block Berge Bygg AS, telephone 51 78 99 00,yk@blockberge.no Veidekke ASA is a leading Scandinavian building contractor and property developer with 6,000 employees and a turnover of NOK 15.6 billion (2009). The group is listed on the Oslo Stock Exchange and has a dispersed ownership structure with the employees owning 19.3 % of the stock. The business spans a wide spectrum of building and construction projects, developing housing and commercial buildings for private and public sector clients, asphalt plants and road maintenance as well as collecting and recycling waste. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) [HUG#1436337] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Veidekke ASA via Thomson Reuters ONE