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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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Veidekke ASA ( (GB:0GF6) ) has shared an update.

Veidekke has secured a NOK 200 million contract with Equinor Energy to construct a new water treatment plant at the Sture oil terminal near Bergen. This project, developed collaboratively with Equinor and other partners, involves building a concrete facility with water tanks and technical installations, and is set for completion in autumn 2027. This contract will be added to Veidekke’s order backlog for the fourth quarter of 2025, reflecting the company’s ongoing commitment to collaborative development and its strategic positioning in the construction industry.

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, engaged in building and civil engineering projects, road maintenance, and the production of asphalt and aggregates. The company emphasizes 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.

Average Trading Volume: 54,045

Current Market Cap: NOK22.81B

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

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