LEMMINKÄINEN CORPORATION INVESTOR NEWS 10 MAY 2017 AT 1:00 P.M.
LEMMINKÄINEN TO REBUILD TWO ROADS IN NORWAY
Lemminkäinen and the Norwegian Public Road Administration’s Northern Region have signed an agreement on the rebuilding of the FV6 Hagebyveien road in Harstad, northern Norway. Construction work is due to start in May 2017 and will be completed in November 2018. The contract includes the construction of sidewalks, public transport stops, concrete and stone walls as well as pipelines for water and sewage.
In western Norway, Lemminkäinen and the Norwegian Public Road Administration’s Western Region have signed an agreement on the rebuilding of the FV556 Hjellestadvegen road between Blomsterdalen and the Ådland bridge. Construction work is due to start in May 2017 and will be completed in December 2019. The contract includes widening the road and building a cycle track with sidewalks. A 78-meter concrete bridge will be built in connection of straightening two sharp curves of the road.
The total value of the contracts is approximately EUR 20 million.
Executive Vice President, Infra projects
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Lemminkäinen is an expert in complex infrastructure construction and building construction in Northern Europe and one of the largest paving companies in its market. Together with our customers and 4,700 professionals we employ, we build a sustainable society. In 2016, our net sales were EUR 1.7 billion. Lemminkäinen Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com