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Veidekke ASA ( (GB:0GF6) ) just unveiled an announcement.
Veidekke has secured a NOK 490 million design-and-build contract from Stor-Oslo Eiendom to deliver the first phase of the Linderudløkka residential development in Oslo. The award follows strong early sales for the project and reinforces the long-standing collaboration between the two companies.
Linderudløkka is planned as a large-scale urban neighbourhood of 950 apartments with retail, kindergarten, commercial premises and a central square, positioned close to public transport links. Construction is due to start in March, with completion slated for autumn 2028, and the contract will bolster Veidekke’s order book in the first quarter of 2026, underlining its role in shaping major residential growth areas in the Norwegian capital.
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 construction and civil engineering contractors, undertaking a broad range of building and infrastructure projects. The group also maintains roads and produces asphalt and aggregates, with a strong focus on stakeholder involvement and local experience across its markets. Listed on the Oslo Stock Exchange, Veidekke generates annual revenues of about NOK 41 billion and is notable for its employee ownership structure, with roughly half of its 8,000 staff holding shares in the company.
YTD Price Performance: 0.90%
Average Trading Volume: 50,536
Current Market Cap: NOK24.32B
For a thorough assessment of 0GF6 stock, go to TipRanks’ Stock Analysis page.