Veidekke has been contracted to build 81 residential units in the HSB brf
Ramselyckan development in Öjersjö, northeast of Gothenburg. The collaborative
design and build contract has a contract sum of SEK 222 million. After
contributing to the first phase of the collaborative project, Veidekke has now
been entrusted with completing the project.

"With very good experience from previous collaboration with Veidekke, we look
forward to continuing cooperation on the brf Ramselyckan project. We are
confident that this will enable us to supply HSB Göteborg's members and
customers with high-quality homes," says Martin Jaworski, project director at
HSB Göteborg.

"Gaining HSB Göteborg's trust to continue collaboration on the brf Ramselyckan
project makes us very proud. We plan to return their confidence by delivering
flawless homes where people will live, stay, and thrive," says Oskar Twedmark in
Veidekke Construction West Sweden.

HSB brf Ramselyckan comprises 16 four-storey houses, featuring wooden siding and
generous windows, and surrounded by large grounds. Geothermal and solar heating
will contribute to the project's energy-efficiency. Brf Ramselyckan is part of
the Gökegård development area in the heart of scenic Öjersjö. Over the next five
years, a total of around 500 homes will be built here. Plans also include a town
square with a grocery shop and restaurant.

Construction on the project will start in the fourth quarter 2021, with
occupancy planned for the second half 2023.

The contract is included in the order book for the current quarter.

For more information, contact:
Charlotta Nilsén, EVP Veidekke Construction Sweden, ph. +46 070-600 30 87

Veidekke press photos  (https://veidekke.fotoware.cloud/fotoweb/archives/5028
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Veidekke 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 38 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.