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Veidekke Wins NOK 290 Million Design-and-Build Contract for Norautron Facility

Story Highlights
  • Veidekke Logistikkbygg will design and build a NOK 290 million, 17,000 m² facility for Norautron at Skoppum.
  • The project strengthens Veidekke’s commercial building pipeline and partnership with Oxfor Eiendom, with completion due in 2027.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Veidekke Wins NOK 290 Million Design-and-Build Contract for Norautron Facility

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

Veidekke Logistikkbygg has secured a NOK 290 million design-and-build contract from Oxfor Eiendom to construct a 17,000 m² administration, warehouse and production facility for electronics manufacturer Norautron at Skoppum in Horten. The project, tailored to Norautron’s advanced EMS operations serving maritime, defence, healthcare and aerospace sectors, is set to start this spring with completion before summer 2027, and will be booked in Veidekke’s order intake for the first quarter of 2026, strengthening its pipeline in large commercial buildings and deepening its partnership with Oxfor Eiendom in Norway’s industrial property market.

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 ASA is one of Scandinavia’s largest contractors, undertaking a wide range of building and civil engineering projects, as well as road maintenance and the production of asphalt and aggregates. The group emphasises stakeholder involvement and local expertise, generates annual turnover of about NOK 41 billion, has roughly 8,000 employees—around half of whom are shareholders—and is listed on the Oslo Stock Exchange, where it has delivered profits every year since its founding in 1936.

Average Trading Volume: 50,839

Current Market Cap: NOK23.78B

See more insights into 0GF6 stock on TipRanks’ Stock Analysis page.

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