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Veidekke ASA: To build unique nursing home in Lier

Veidekke Entreprenør has signed a contract with Lier municipality to build a nursing home with 61 beds. The new Frognerhagen nursing home will be built with emphasis on well-being and the environment as a BREEAM-classified passive house. The value of the contract is NOK 206 million excluding VAT.

The new nursing home will be next to Lier Hospital in Lier municipality in Buskerud county. The goal is to create a model project in the municipality`s care for the elderly. In the planning and design of the nursing home, emphasis has been on the residents` special needs and visual and physical proximity to sheltered gardens, nature and walkways. This is particularly reflected in the outdoor areas (total site area 15,000 m2). A garden will also be built inside the actual building. The façade will be a combination of wood and zinc, and zinc will also be used for roofing.

"Veidekke has won the competition based on a combination of price and planned organization and execution of the building process. We appreciate that Lier municipality has strong ambitions, and we are looking forward to using our expertise in a very future-oriented project in terms of both the environment and energy use," says project manager Nils A Mogstad with Veidekke.

The new Frognerhagen nursing home will have a gross floor area of 9,020 m2 in three wings with three and four storeys respectively, including an underground floor. Spaces at the new nursing home are made up of 32 institutional spaces, 16 flats with round the clock staffing and a rehabilitation section with 12 spaces. The nursing home will also have a large day-care centre for users with dementia who don`t reside at an institution, and a communal kitchen for the whole municipality.

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Architects are Reiulf Ramstad Arkitekter AS from Oslo and Solheim Arkitektur from Trondheim. Project planning is under way and construction will start in September. The building will be ready for occupation in February 2016.


For press photos: www.flickr.com/photos/veidekke, for more information please contact:

District Manager Sverre Liavaag of Veidekke, tel. +47 90 74 18 77, sverre.liavaag@veidekke.no

Project Manager Nils A Mogstad of Veidekke, tel. + 47 90 69 10 63, nils.mogstad@veidekke.no

Project Manager Geir Larsen of Lier Municipality, tel + 47 90 91 54 11, geir.larsen@lier.kommune.no

Communications Manager Helge Dieset of Veidekke ASA, tel. + 47 90 55 33 22, helge.dieset@veidekke.no

Veidekke is one of Scandinavia`s largest contractors and property developers. The company undertakes all types of building and construction contracts, maintains roads and produces asphalt, crushed stone and gravel. The company is characterised by involvement and local knowledge. Turnover is NOK 21 billion (2013), and half of the 6,300 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Illustration Lier Nursing Home



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Veidekke ASA via GlobeNewswire

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