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Veidekke Secures NOK 350 Million Contract for Sustainable School Project in Rogaland

Story Highlights
  • Veidekke will build a NOK 350 million primary school and sports hall at Jåsund to meet rapid local population growth.
  • The project features fossil-free construction and passive house standards, strengthening Veidekke’s sustainable infrastructure portfolio.
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Veidekke Secures NOK 350 Million Contract for Sustainable School Project in Rogaland

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

Veidekke has won a NOK 350 million collaborative contract from Sola Municipality to build a new primary school and sports hall at Jåsund in Rogaland, an area experiencing rapid population growth. The facility is designed for around 420 pupils and will also function as a key venue for local sports clubs and community organisations, addressing rising demand for educational and recreational capacity.

Developed through an extensive collaboration phase, the project will now move into construction with clear environmental ambitions, including a fossil-free site, passive house-standard buildings and ultra low-carbon concrete elements. Construction is scheduled to begin in August 2026 and finish by spring 2028, with the contract to be booked in Veidekke’s order backlog for the first quarter of 2026, reinforcing its presence in sustainable public-sector infrastructure.

The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK194.00 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 ASA is one of Scandinavia’s largest construction contractors, undertaking a wide range of building and civil engineering projects while also maintaining roads and producing asphalt and aggregates. The Oslo-listed group emphasises stakeholder involvement and local experience, generates annual turnover of about NOK 43 billion, and has a broad employee ownership structure with roughly half of its 8,000 staff as shareholders.

Average Trading Volume: 63,144

Current Market Cap: NOK25.91B

For a thorough assessment of 0GF6 stock, go to TipRanks’ Stock Analysis page.

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