Veidekke ASA: To build the Fosslia Care Centre in Stjørdal

Veidekke has today signed a contract with Stjørdal Municipality to construct a
new care centre in Fosslia in Stjørdal. The centre will contain 76 residential
units as well as a service building with day centre, shop/kiosk and hair/foot
care lounge. The commission is a design and build contract with a value of just
over NOK 250 million, excluding VAT.

- This is a long-awaited project of great importance for the municipality's
inhabitants and for the care sector. We are proud that we won the competition
for the commission, being able to build such a modern and specially adapted
dementia village that will benefit both residents and employees is very
rewarding and motivating, says District Manager Ståle Brovold of Veidekke Bygg
in Trøndelag.

The new Fosslia Care Centre will be a specially adapted facility for people with
dementia and/or cognitive impairment. The project is an extension of the
existing facility with four new buildings totalling 7,900 m[2] organised in an
enclosed square style traditional to the Trøndelag region. The project aims to
achieve a significantly lower energy consumption than is required in the current
regulations, and a separate borehole thermal energy storage system will be the
main source of energy for the project.

All buildings at Fosslia are established in line with the care philosophy "Small
is good". In practice, this means small, clear groups of residents with short
distances for both residents and employees. A homely feel is planned, where
colours and materials are actively used to ensure easier orientation. This,
together with state-of-the-art welfare technology, will ensure a safe and good
living environment for the residents of Fosslia. Between the buildings beautiful
and welcoming sensory gardens will be established, where berry bushes, fruit
trees, flowers and raingardens border several pleasant recreation areas and
walking routes.

Construction will start in January with completion planned in autumn 2023. Read
more about the project on Stjørdal Municipality's
website. (https://www.stjordal.kommune.no/tjenester/om-kommunen/vare
-prosjekter/fosslia-omsorgssenter/)


For more information please contact:
District Manager Ståle Brovold, tel. +47 90 77 28 19, stale.brovold@veidekke.no
Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22,
helge.dieset@veidekke.no

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Veidekke is one of Scandinavia's largest construction companies. The company
undertakes all types of construction and civil engineering contracts, maintains
roads, and produces asphalt and aggregates. The company is known for its
engagement and local knowledge. Its annual turnover is approx. NOK 37 billion,
and around half of its 8,200 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.