Veidekke ASA: Veidekke to build final stage of residential project at EnsjÃ¸
Veidekke Eiendom AS has awarded Veidekke EntreprenÃ¸r AS the contract to build
stages five and six of the Marienfryd residential project at EnsjÃ¸. The 133
flats have a total sale value of NOK 450 million. When the entire project is
completed in 2015, it will comprise almost 400 homes.
Veidekke's Marienfryd project has been a success in the housing market with
large, family-friendly outdoor areas and a location facing the new Tidemanns
Park at EnsjÃ¸ in Oslo. The whole project comprises a total of six building
stages with 396 homes and approx. 290 indoor parking spaces. Stages 1-3 have
been completed and are occupied, while stage four will be completed in the
spring of 2014.
The final two contracts for building stages five and six include the
construction of three blocks of flats with underground parking. Stage five
comprises a six-storey block of flats with 50 three and four room flats and a
day care centre on the ground floor (developed and owned by ESPIRA). The shell
is nearing completion, and occupancy will be in the autumn of 2014. Stage six
will have 83 two, three and four room flats in two five storey blocks. Here
excavation has started, and everything is to be completed in the spring of 2015.
Veidekke is cooperating with the Norwegian Asthma and Allergy Association on
building homes with a particularly good and healthy indoor climate. By making
conscious choices and with well thought through solutions and materials,
Veidekke is creating healthy homes.
See more information on the project at www.marienfrydbolig.no
For more information please contact:
Project Manager Herman Engesgaar, Veidekke Eiendom, tel. +47 480 59142,
Project Manager Widar BrÃ¥ten, Veidekke EntreprenÃ¸r, tel. +47 951 43 775,
Communications Manager Helge Dieset, Veidekke ASA, tel. +47 90 55 33 22,
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.
Illustration project Marienfryd :
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Source: Veidekke ASA via GlobeNewswire