Veidekke ASA Secures NOK 230 Million Contract for Phase Two of Vestby Housing Project

Veidekke ASA ( (GB:0GF6) ) has issued an announcement.

Veidekke ASA has been commissioned by Nåbo AS to construct the second phase of the Gartneritaket housing project in Vestby, Norway, a contract valued at approximately NOK 230 million. This project, which follows the successful completion of the first phase, aims to provide sustainable and accessible homes in the Oslo region, enhancing the local living environment with amenities such as a roof garden and communal facilities. Construction is set to begin in September, with completion expected in the first half of 2027, reflecting Veidekke’s continued commitment to high-quality and sustainable development.

The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK115.00 price target. To see the full list of analyst forecasts on Veidekke ASA stock, see the GB:0GF6 Stock Forecast page.

More about Veidekke ASA

Veidekke is one of Scandinavia’s largest contractors, engaging in building and civil engineering projects, road maintenance, and the production of asphalt and aggregates. The company values stakeholder involvement and local expertise, with an annual turnover of approximately NOK 41 billion. Veidekke is listed on the Oslo Stock Exchange and has consistently posted profits since its founding in 1936.

Average Trading Volume: 95,700

Current Market Cap: NOK21.05B

See more data about 0GF6 stock on TipRanks’ Stock Analysis page.