Veidekke wins contract for logistics center in Norway

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Aug 26 2025

0mins

Source: Yahoo Finance

Contract Award: Norwegian postal service Posten Bring Norge has awarded Veidekke a Nkr280m ($27.5m) contract to construct a new logistics facility in Lyseparken, Bergen.
Facility Details: The logistics centre will cover 22,000m² with 156 loading bays and a two-storey office area of 2,200m², aimed at enhancing parcel handling capacity significantly.
Construction Timeline: Construction is set to begin immediately, with an expected completion date in March 2027, tripling the capabilities of existing terminals in the region.
Environmental Considerations: The contractor selection was influenced by climate and environmental factors, reflecting a commitment to sustainable practices in the construction process.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Veidekke wins contract for logistics center in Norway

About the author

Top News

Ford Announces $19.5B EV Restructuring Charges

Fed Cuts Interest Rates Amid Economic Concerns

SpaceX Targets $800 Billion Valuation in Secondary Sale

U.S. Consumer Sentiment Slightly Improves in December

Related Articles

Castle Biosciences Releases New Data Enhancing Prognostic Accuracy for Uveal Melanoma

UEI Unveils QuickSet homeSense, Ushering in a New Era of Smart Living

People Also Watch