VEIDEKKE ASA Veidekke is to build a production building for Kitron atLongum Park inArendal . The agreement with AFK Eiendom, a wholly owned subsidiary ofArendals Fossekompani , is a design and build contract with a contract price ofNOK 110 million excl. VAT. "We appreciate the confidence shown in us and that we have agreed on solutions that allow us to start designing and building the production building for Kitron on the attractive site located next to the E18 road at Longum inArendal . All involved parties have contributed with good input, and we are now looking forward to extending the good partnership into the next phase," says district managerAtle Monan at Veidekke Bygg Agder. The new building that will be 7,500 m[2] in size will meet Kitron's requirements to production facilities with associated administration and storage, and there will be around 70 office jobs and 220 jobs overall. Production consists mainly of the assembly and completion of electrical components, as well as the testing of these. Kitron is a leading Norwegian electronics manufacturer, and is one of the largest industrial companies in eastern Agder. "For AFK Eiendom, this is an incredibly interesting partnership that can contribute to attractive growth in our region. We are delighted to develop the project for Kitron at an important location for production and industry," saysTom Krusche Pedersen , property manager at AFK Eiendom. Concrete work, carpentry, production and assembly of concrete elements in the project will be carried out byVeidekke's own skilled workers and apprentices and in collaboration with Veidekke Prefab. Construction work will start in the autumn, with completion scheduled for the spring of 2026. For further information, please contact: District ManagerAtle Monan of Veidekke Bygg Agder, tel. +47 951 42 740, atle.monan@veidekke.no Communications ManagerHelge Dieset ,Veidekke , tel. +47 90 55 33 22, helge.dieset@veidekke.no Property managerTom Krusche Pedersen of AFK Eiendom, tel. +47 480 43 511, tom.krusche@arendalsfoss.noVeidekke's press photos (https://urldefense.proofpoint.com/v2/url?u=https -3A__publish.ne.cision.com_l_rgogvhhfc_veidekke.fotoware.cloud_fotoweb_archives_ 5 028-2DPressebilder-2DVeidekke&d=DwMFAw&c=euGZstcaTDllvimEN8b7jXrwqOf -v5A_CdpgnVfiiMM&r=ovbabqGKDpqANTMEcsMzz-9gUee7B3zUc45MCxMEFGk&m=i -n8T3KMESZQwOxqk -nBbqrnaG4OsY3JhJihjj7WFdg&s=IDvroF98t_qnTa8RmB8ZqNNa6arSSm5M7FH2pjaZjsA&e=) Subscribe to notices from Veidekke (https://urldefense.proofpoint.com/v2/url?u=http -3A__publish.ne.cision.com_l_rgogvhhfc_veidekke.com_no_borsmeldinger_abonner -2Dpa-2Dmeldinger&d=DwMFAw&c=euGZstcaTDllvimEN8b7jXrwqOf -v5A_CdpgnVfiiMM&r=ovbabqGKDpqANTMEcsMzz-9gUee7B3zUc45MCxMEFGk&m=i -n8T3KMESZQwOxqk-nBbqrnaG4OsY3JhJihjj7WFdg&s=DLoCklEaGhEmoSc8K -AtVjORmjflxPt6VFIyRt6vzlM&e=) Veidekke (http://www.veidekke.no) 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. Annual turnover is approx.NOK 43 billion , and almost half of its 8,000 employees own shares in the company.Veidekke is listed on theOslo Stock Exchange and has posted a profit every year since its inception in 1936.
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