Veidekke

Veidekke Group

Type	Public
Industry	Construction and Civil Engineering
Founded	1936
Headquarters	Oslo, Norway
Key people	Arne Giske (CEO) Martin Mæland (Chairman)
Revenue	NOK 24 billion (2014)
Operating income	NOK 967 million (2014)
Number of employees	7,000 (2015)
Subsidiaries	Veidekke Sverige AB, Hoffmann A/S, Veidekke Entreprenør AS, Veidekke Eiendom AS, Veidekke industry AS
Website	Corporate IR website

Veidekke (: ) is the largest Norwegian construction and civil engineering company and the fourth largest in Scandinavia. Veidekke's business involves a network of Scandinavia construction and engineering operations, rehabilitation work, major heavy construction contracts and development of dwellings for the company's own account as well as buildings for public use. They recently acquired Reinertsen's civil engineering arm. Other business segments are asphalt operations, production of crushed stone and gravel (aggregates) and maintenance of public roads.

Veidekke's core activities are linked with construction, property development, civil engineering and consulting, and industrial operations (asphalt/aggregates and road maintenance. Veidekke has developed expertise in concrete, carpentry and road operations and has a clear ambition to be a leader in these market segments.

Veidekke took control of 80% of the shares of civil engineering contractor Tore Løkke AS in Åfjord at Fosen in Sør-Trøndelag. "Veidekke wants to grow in the civil engineering market, and the acquisition will strengthen our competitive strength in transport and energy developments," says district manager Stein Bjøru with Veidekke Entreprenør. They also acquired Reinertsen's onshore construction and civil engineering operations.

Veidekke is a major player in the Scandinavian construction market and undertakes all types of building and heavy construction projects. Veidekke's contracts include construction of residential and non-residential buildings, schools and other public buildings and renovation of buildings in addition to heavy construction projects such as roads, railways and industrial development projects.