Q2: Veidekke's Construction Order Book at NOK 36 Billion

Norway Norway — Veidekke achieved revenues of NOK 10.2 billion in Q2, and a pre-tax profit of NOK 501 million. The group’s overall second-quarter profit per share totalled NOK 3.1.

Veidekke to Divest the Property Development Operation

Norway Norway — Veidekke has signed an agreement with a consortium comprising Fredensborg AS, Fredensborg Bolig AS, Norwegian Property ASA and Union Real Estate Fund III Holding AS concerning the sale of the property development operation in Norway and Sweden against a cash payment of NOK 7.7 billion on a debt-free basis.

Veidekke’s Group CEO on the Blockbuster Divestment

Norway Norway — Jimmy Bengtsson: ”A sale of this business was det best option.”

Veidekke Appoints Sustainability Director

Norway Norway — Catharina Bjerke has been appointed Veidekke’s new sustainability director, with responsibility for strategic development of the group’s sustainability work. Up until now, Bjerke served as EVP in Veidekke ASA and CEO of Veidekke Industrial.

Why the Construction Heavyweight Will Split the Company

Norway Norway — Jimmy Bengtsson, CEO of Veidekke, tells Nordic Property News about the decision to divide the construction company into two separate entities, how it will affect the shares and how the real estate company will provide growth.

Veidekke: “We Work Hard Every Day to Get New Contracts”

Norway Norway — The construction giant Veidekke’s CEO Jimmy Bengtsson on the need for housing in Oslo and the great interest in the largest residential project ever in Norway.

Veidekke Signs Biggest Residential Contract Ever

Norway Norway — Veidekke has signed a contract with M17 Utvikling to build the Middelthunet housing project with 329 apartments at Majorstua in Oslo. The contract is worth around NOK 1 billion excluding VAT.

Veidekke's Upcoming Challenges: "Not Satisfied with the Current Level of Profitability"

Norway Norway — Veidekke's EVP Jimmy Bengtsson succeeds Arne Giske and will now be Group CEO of the Norwegian construction giant. He tells Nordic Property News about the new role, how life will change and how profitability will increase.

Jimmy Bengtsson Appointed CEO of Veidekke

Norway Norway — Jimmy Bengtsson has been appointed new Group CEO of Veidekke ASA. Bengtsson will succeed Arne Giske, who has decided to step down after six years. Bengtsson takes over as Group CEO 1 September 2019.