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Veidekke ASA ( (GB:0GF6) ) just unveiled an update.
Veidekke ASA has been commissioned by Statnett SF to construct three new substations in Vestland county, Norway, under a design and build contract valued at nearly NOK 1.3 billion. This project is part of a broader initiative to support Norway’s green shift and electrification goals, aiming to replace older infrastructure and enhance grid capacity. The construction is set to begin in October 2023 and conclude in 2030, marking a significant contribution to the country’s climate targets and infrastructure modernization.
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, engaging in building and civil engineering projects, road maintenance, and the production of asphalt and aggregates. The company values stakeholder involvement and local expertise, with a significant portion of its 8,000 employees owning shares. Veidekke is publicly traded on the Oslo Stock Exchange and has consistently posted profits since its founding in 1936.
Average Trading Volume: 90,521
Current Market Cap: NOK21.19B
See more insights into 0GF6 stock on TipRanks’ Stock Analysis page.
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