Veidekke company to build the Herkules Shopping Centre in Skien>
Veidekke company to build the Herkules Shopping Centre in Skien
(Thomson Reuters ONE) - Veidekke subsidiary Norske Stålbygg AS has signed a contract withSektor EiendomsUtvikling for the construction of the HerkulesShopping Centre in Skien, Norway. The contract is worth NOK 95million excluding VAT.The project is a turnkey contract, consisting of demolition,refurbishment and new-build on a site of just under 15,000 squaremetres. Norske Stålbygg AS has designed and developed the projectover a period of almost three years in close consultation with thecustomer."This is a clear indication of the added-value inherent in workingclosely together with an expert and long-term partner such as us. Andin these difficult times, it is reassuring to discover that we arestill an attractive partner, winning a project which will secureturnover and employment through 2010," states Norske Stålbygg AS'Managing Director, Hans Gunnar Dokken."We are delighted with the contract. Norske Stålbygg AS has been akey partner and exhibited impressive staying power. SektorEiendomsUtvikling AS has developed the Herkules site over severalyears, and the shopping centre - which will cover approx. 15,000square metres - will complement the existing 40,000 square metrecentre," says Development Director at Sektor EiendomsUtvikling AS,Petter Falkgård Andersen.Work has started, and will be completed in time for Christmas tradingin 2010.For more details, contact:Development Director Petter Falkgård Andersen, SektorEiendomsUtvikling AS,tel. +47 916 88 585E-mail: petter.andersen(at)sektor.noManaging Director Hans Gunnar Dokken, Norske Stålbygg AS, tel. +47957 62 776E-mail: hans-gunnar.dokken(at)norskestalbygg.noVeidekke ASA is a leading Scandinavian contractor and propertydeveloper, with 6,250 employees and turnover of NOK 19.4 billion(2008). The group is listed on the Oslo Stock Exchange and has adiverse owner structure, as the employees own 18% of the shares.Activities span over a wide range of building and constructioncontracts, development of housing and commercial buildings forprivate and public sector customers, asphalt-laying and roadmaintenance plus refuse collection and recycling.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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