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Veidekke Secures Major Contract for Water Treatment Plant Construction

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Veidekke Secures Major Contract for Water Treatment Plant Construction

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

Veidekke has secured a construction contract worth approximately 200 million kroner from Equinor Energy to build a new water treatment plant at the Sture oil terminal in Øygarden, Bergen. The project, developed collaboratively with Equinor and other partners, includes constructing a concrete building with water tanks and technical systems, with completion expected in autumn 2027. This contract enhances Veidekke’s order reserve for the fourth quarter of 2025, potentially strengthening its market position and showcasing its collaborative project development approach.

The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK166.00 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 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 profitable since its founding in 1936.

Average Trading Volume: 54,045

Current Market Cap: NOK22.81B

Find detailed analytics on 0GF6 stock on TipRanks’ Stock Analysis page.

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