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Veidekke Secures Final Phase of Major Oslo Residential Project

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Veidekke Secures Final Phase of Major Oslo Residential Project

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An announcement from Veidekke ASA ( (GB:0GF6) ) is now available.

Veidekke has secured a NOK 518 million contract for the final phase of the Grønvollkvartalet residential project in Oslo, marking it as the largest ongoing apartment project in Norway. This phase includes 172 apartments, commercial premises, and infrastructure enhancements, with construction set to begin shortly and completion expected by summer 2028.

The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK173.00 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, engaged 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 publicly traded on the Oslo Stock Exchange and has maintained profitability since its founding in 1936, with half of its 8,000 employees holding shares.

Average Trading Volume: 56,737

Current Market Cap: NOK20.84B

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

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