Veidekke will carry out the groundworks and build the first basement of the eco -certified housing project Mariakvartalet in Bjørvika for Oslo S Utvikling (OSU). The value of the contract is approximatelyNOK 260 million excluding VAT. In January, it was announced thatOSU had selectedVeidekke as the design and build contractor for the Mariakvartalet project in centralOslo , which is valued at more thanNOK 1 billlion. Here, 246 apartments, a kindergarten, shops, restaurants and cultural facilities will be built. The homes will be certified as Very Good in accordance with the BREEAM-NOR manual. In addition, greenhouse gas emissions will be reduced by at least 20%, the construction site will be fossil-free, and there are strict requirements to separation at source and waste minimising. Mariakvartalet has been designed by Lund+Slaatto Architects.OSU is behind many of the developments in Bjørvika, including Barcode and the Vannkunsten residential project that won the 2021 Building of the Year Award.Veidekke has previously been involved in a lot of construction in Bjørvika, including the Opera,Munch Museum , Diagonale and the Sørengstranda residential project. The contract betweenVeidekke andOSU for the entire Mariakvartalet project isNOK 1.037 billion excluding VAT. The remainder of the contract sum will be included inVeidekke's order book when sufficient sales for commencement have been achieved. Sales are scheduled to start in the second half of 2023. Read more about the project here (https://osu.no/prosjekter/mariakvartalet). For further information, please contact: Head of departmentMorten Barreth of Veidekke Bygg Oslo, tel. +47 93 88 37 16, morten.barreth@veidekke.no Communications ManagerHelge Dieset ,Veidekke , tel. +47 90 55 33 22, helge.dieset@veidekke.no Project director Jostein Ådalen ofOSU , tel. +47 950 48 489, ja@osu.no Veidekkes press photos (https://urldefense.proofpoint.com/v2/url?u=https -3A__publish.ne.cision.com_l_rgogvhhfc_veidekke.fotoware.cloud_fotoweb_archives_ 5 028-2DPressebilder-2DVeidekke&d=DwMFAw&c=euGZstcaTDllvimEN8b7jXrwqOf -v5A_CdpgnVfiiMM&r=ovbabqGKDpqANTMEcsMzz-9gUee7B3zUc45MCxMEFGk&m=i -n8T3KMESZQwOxqk -nBbqrnaG4OsY3JhJihjj7WFdg&s=IDvroF98t_qnTa8RmB8ZqNNa6arSSm5M7FH2pjaZjsA&e=) Subscribe to notices from Veidekke (https://urldefense.proofpoint.com/v2/url?u=http -3A__publish.ne.cision.com_l_rgogvhhfc_veidekke.com_no_borsmeldinger_abonner -2Dpa-2Dmeldinger&d=DwMFAw&c=euGZstcaTDllvimEN8b7jXrwqOf -v5A_CdpgnVfiiMM&r=ovbabqGKDpqANTMEcsMzz-9gUee7B3zUc45MCxMEFGk&m=i -n8T3KMESZQwOxqk-nBbqrnaG4OsY3JhJihjj7WFdg&s=DLoCklEaGhEmoSc8K -AtVjORmjflxPt6VFIyRt6vzlM&e=) Veidekke (http://www.veidekke.no) is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates.Veidekke emphasises stakeholder involvement and local experience. Annual turnover is approx.NOK 39 billion , and almost half of its 8,000 employees own shares in the company.Veidekke is listed on theOslo Stock Exchange and has posted a profit every year since its inception in 1936.
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