Veidekke Bags NOK114 Million Residential Development Contract in Norway

11:38 AM EDT, 08/13/2026 (MT Newswires) -- Veidekke (VEI.OL) landed a 114 million-Norwegian-krone contract to develop the second phase of a residential project in Stavanger, Norway. Under the contract with K2 Bolig and Bane NOR Eiendom, the Norwegian builder will design and construct 44 apartments across three buildings, according to a Thursday release. Construction is expected to start in autumn 2026, with the project scheduled for completion in summer 2028.