Vestkanten AS, in which Olav Thon Eiendomsselskap ASA is majority owner, has
awarded Veidekke Entreprenør AS the contract to extend Vestkanten shopping
centre in Bergen. This will be a turnkey contract with a value of NOK 194
million excluding VAT.
The shopping centre will be extended southwards, with two new levels for
shopping as well as car parking in the basement, at street level and on the
roof. A new entrance road for customers and deliveries will be established at
the rear of the property and several new technical rooms will be built. At the
front of the centre, a new glass building will be erected, containing new access
for the public by lifts and escalators. There will also be a new shopping area
at street level.
Vestkanten is about 8 minutes from Bergen city centre, strategically located at
the hub between Askøy and Fjell (Sotra), and is one of the largest shopping
centres in the Bergen area.
Building work has already started and the new areas will be ready for use in
November 2012, in time for Christmas shopping.
For more information please contact:
District Manager Veidekke Bergen, Lars Rune Folkedal, tel. +47 91 34 69 78,lars-
rune.folkedal@veidekke.no
Veidekke project manager Geir Morten, tel.
+47 92 60 38 71,geir.morten.nordvik@veidekke.no
Veidekke communications manager, tel. +47 90 55 33 22,helge.dieset@veidekke.no
Veidekke is one of Scandinavia's largest contractors with 6,100 employees and a
turnover of NOK 16.3 billion (2010). Activities include building and
construction projects, residential developments, asphalt plants, gravel and
aggregates and road maintenance. Our values are professional, honest,
enthusiastic and pioneering. Our goals for health and safety and the environment
are as important to us as our financial goals. Veidekke is characterised by a
decentralised organisational model with a strong company culture and a high
degree of employee involvement. Over half the employees are co-owners, holding
almost 20% of Veidekke's shares between them. The company is listed on the Oslo
Stock Exchange and has never declared a loss 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.
Vestkanten centre:
http://hugin.info/172/R/1528501/464187.pdf
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Veidekke ASA via Thomson Reuters ONE
[HUG#1528501]
