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Veidekke Secures Major Contract for Malmö Designer Village Expansion

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Veidekke Secures Major Contract for Malmö Designer Village Expansion

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

Veidekke has secured a contract for the next phase of the Malmö Designer Village, a major retail project in Scandinavia, in collaboration with the FREY Group. This phase, valued at SEK 315 million, is set to be completed by the second quarter of 2027 and aims for BREEAM Excellent certification, highlighting its commitment to sustainability and enhancing the customer experience. The project will feature over 130 international and Scandinavian brands, complemented by gardens, sustainable design, and various amenities, setting a new standard for outdoor-based retail.

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, specializing in construction and civil engineering projects, road maintenance, and the production of asphalt, crushed stone, and gravel. The company, which has been profitable since its founding in 1936, is listed on the Oslo Stock Exchange and is characterized by its involvement and local knowledge. It has a turnover of approximately NOK 41 billion, with half of its 8,000 employees owning shares.

Average Trading Volume: 56,110

Current Market Cap: NOK20.84B

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

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