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Veidekke Secures Major Contract for NTNU’s New Institute for Materials Technology

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The latest update is out from Veidekke ASA ( (GB:0GF6) ).

Veidekke has signed a 680 million kroner contract with Statsbygg to construct the new Institute for Materials Technology at NTNU in Trondheim. The project, which emphasizes sustainability goals, will feature a 13,200 m2 building with modern laboratories and infrastructure, benefiting over 200 NTNU employees, SINTEF Industry, external partners, and more than 300 students. Construction is set to begin shortly, with completion expected by December 2027.

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, specializing in construction and civil engineering, road maintenance, and the production of asphalt, crushed stone, and gravel. The company is characterized by its involvement and local knowledge, with a turnover of approximately NOK 41 billion. Veidekke is listed on the Oslo Stock Exchange and has been consistently profitable since its inception in 1936.

Average Trading Volume: 96,484

Current Market Cap: NOK20.16B

For detailed information about 0GF6 stock, go to TipRanks’ Stock Analysis page.

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