Veidekke ASA : Veidekke signs major contract with Oslo Airport

Veidekke Entreprenør today signed a contract with Oslo Lufthavn AS to provide aircraft stands and technical infrastructure around the new pier at the main airport. The value of the contract is approximately NOK 370 million excluding VAT. There is considerable ground and foundation work to be done in connection with the 11 new aircraft stands for North Pier at Oslo Airport. New load-bearing and reinforcement layers must be established, as well as approximately 35,000 m(2) new taxiways with lights and three layers of asphalt. "Approximately 42,000 m(2) of concrete slabs will be poured, most of reinforced concrete with a snow melting system. The technical installations cover everything from a fuel plant with 25 hydrants to cable ducting systems and 40 concrete chambers for ground power, PCA air and water," explains Project Manager Halvor Nordbø of Veidekke Anlegg. Veidekke will also build a thermal energy snow storage facility of 15,200 m(2) with asphalt troughs and a pumping station of concrete poured on site. This part of the contract also includes technical installations (electrical, HVAC and machinery), as well as water and sewage systems with pipes, gutters and chambers for collecting surface water. The system for cooling for the new pier is a pioneering project in Norway. "This will be a challenging assignment for us, with strict safety requirements. The work will be performed adjacent to areas with air traffic and there is also other building and construction work close by. With good planning and close cooperation with the client, we will succeed in this," concludes Nordbø. Building work starts in March and is due for completion in October 2016. Caption: Project Manager Knut Erik Nordby of Oslo Lufthavn (left) and Project Manager Halvor Nordbø of Veidekke. For further information please contact: Project Manager Halvor Nordbø of Veidekke, tel +47 90 97 85 18, Communications Manager Helge Dieset of Veidekke, tel +47 90 55 33 22, Assistant Project Manager Helge Midtun of Oslo Lufthavn AS, tel +47 901 90 591, Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of NOK 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates, and road services. Our values are professional, honest, enthusiastic and ground-breaking. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterised by a strong corporate culture with employee involvement and co- ownership as important cornerstones. More than half of the employees are co- owners, holding around 20 per cent of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Press photo Oslo Airport: This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire 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. Source: Veidekke ASA via GlobeNewswire [HUG#1751308]