OB:VEIConstruction
Assessing Veidekke (OB:VEI) Valuation After NOK460m Railway Contract Win
Contract announcement and why it matters for Veidekke stock
Veidekke (OB:VEI) has secured a NOK 460 million construction contract with Bane NOR to renew tracks across five sections in Eastern Norway, adding to its infrastructure workload and project visibility.
The agreement covers 46 kilometres of railway, around 90,000 tonnes of ballast and more than 75,000 sleepers on key lines including the Roros, Dovre, Gardermoen, Upper Main and Gjovik routes.
See our latest analysis for Veidekke.
At a...