Veidekke ASA: To build ice rink and multi-purpose hall at Frogner Stadium

Veidekke Entreprenør has been contracted by the Agency for City Environment in the City of Oslo to develop and build a new indoor ice rink and multi-purpose hall in close proximity to the venerable Frogner Stadium at Majorstua in Oslo. The contract will be carried out as a collaborative contract between the Agency for City Environment and Veidekke Entreprenør. The target price for the contract will not be available until completion of the feasibility study in the autumn, but the value of the contract will be more than NOK 100 million excluding VAT.

The project "Frogner ice rink and multi-purpose hall" is the final component in a major development of Frogner Stadium. The new buildings will comprise:

  • Ice rink with dressing rooms and operations areas close to 3,000 m2 gross area in size

  • Multi-purpose hall with dressing rooms and operations areas close to 2,000 m2 gross area in size This is planned to be completely subterranean in order to minimize the volume of buildings above ground

  • A joint intermediary building with entrance, offices, common rooms, meeting rooms, café/dining approx. 750 m2 gross area in size

The project is a model project in FutureBuilt - where the goal is to reduce greenhouse gas emissions by 50 per cent in the areas of transport, energy use and material use. The model project will have a high architectural quality and contribute to a good city environment. Existing and new technical facilities will be coordinated in order to provide uniform and energy efficient operation of the sports facilities in the Frogner Park. The environmental requirements will be documented by BREEAM Nor.

Development of the current concept starts immediately, while actual construction will start in the spring of 2016. The buildings will be ready for use in the autumn of 2017.


For press photos, see www.flickr.com/photos/veidekke, for more information, contact:
Project manager Knut Olav Haakonsen, tel. (+47) 95 88 84 94, knut-olav.haakonsen@veidekke.no
Head of department Birte Almeland, tel: (+47) 95 07 70 31, birte.almeland@veidekke.no
Project manager Björn Johansson, Agency for City Environment, tel. (+47) 94 53 20 70, bjorn.johansson@bym.oslo.kommune.no

Communications Manager Helge Dieset of Veidekke ASA, tel. (+47) 905 53 322, helge.dieset@veidekke.no

Veidekke is one of Scandinavia`s largest contractors and property developers. The company undertakes all types of building and construction contracts, maintains roads and produces asphalt and aggregates. The company is characterised by involvement and local knowledge. Revenue is almost NOK 24 billion (2014), and half of the 6,400 employees own shares in the company. Veidekke 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. Frogner



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Veidekke ASA via GlobeNewswire

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