VEIDEKKE VEI NON-REGULATORY PRESS RELEASES

Veidekke: To build Sætre School in Asker

26. June 2026 kl. 12:51

Asker municipality has signed a contract with Veidekke for the construction of the new Sætre primary school, including a sports hall and a gymnastics hall. The contract is a design and build contract valued at approximately NOK 370 million, excluding VAT. The project has high environmental ambitions.

"We are very proud and pleased to have won the competition to build the new primary school in Sætre. Constructing high-quality school buildings is among the most important work we do, and we particularly appreciate Asker municipality's ambitious requirements for sustainability and climate in this project," says Gro Brathovde, District Manager at Veidekke Bygg Buskerud.

The new school is designed for 550 pupils and will comprise approximately 11,000 square metres. The project will be Nordic Swan Ecolabelled and meet the FutureBuilt criteria for nearly zero-energy buildings and circular construction. In addition, the project has very ambitious targets for greenhouse gas reductions, material use and waste reduction. The project also includes extensive upgrading of outdoor areas, including the schoolyard, roads and public spaces.

"Asker municipality is very satisfied with the tender process and the high -quality proposal from Veidekke. In this project, Veidekke will combine high climate and environmental targets with good quality, a high level of reuse, efficient progress and a prudent budget. Asker municipality looks forward to working with Veidekke on this project in Sætre," says Project Manager Alf Kaare Stokker at Asker municipality.

Demolition and groundwork are already underway, while Veidekke's construction works are scheduled to start in November with completion planned for summer 2028.

The contract will be included in Veidekke's order backlog for the second quarter of 2026.

For further information, please contact:

District Manager Gro Brathovde, Veidekke Bygg Buskerud, tel. +47 911 95 354, gro.brathovde@veidekke.no

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

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028 -Pressebilder-Veidekke/) Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner -pa-meldinger/) Veidekke (https://www.veidekke.com/) is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has posted a profit every year since its inception in 1936.