Veidekke Secures Contract for Environmentally Certified Cold Storage Facility at Oslo Airport

Strategic Insights -

Veidekke, a Norwegian engineering and construction contractor, has been awarded a turnkey contract by Oslo Airport City (OAC) to build a new cold storage logistics facility at Oslo Airport. The project will deliver a modern 8,900 m² warehouse that is set to be environmentally certified to BREEAM-NOR level Good. The facility will feature high technical standards, automation capabilities, and expansion potential, significantly increasing Oslo Fryselager's storage capacity for both existing and new customers.

Key Takeaways:

  • Veidekke has been awarded a NOK125m contract to build a cold storage logistics facility at Oslo Airport, valued at approximately NOK125m excluding VAT.
  • The facility will feature a total area of 8,900 m² and will be environmentally certified to BREEAM-NOR level Good.
  • The project will significantly increase Oslo Fryselager's storage capacity for both existing and new customers, with high technical standards, automation capabilities, and expansion potential.
  • Veidekke will begin construction in September 2025, with completion expected in the third quarter of 2026.
  • Oslo Airport City views the addition of Oslo Fryselager as a strategic enhancement to its seafood and logistics cluster.
  • The project builds on OAC's expertise in refrigerated and frozen logistics infrastructure.
  • Veidekke is a leading contractor in Scandinavia, with operations in building, civil engineering, road maintenance, and materials production, and annual revenues of NOK41bn.
  • Veidekke is majority-owned by its employees.
  • The facility will be leased to Oslo Fryselager AS.

Statistics:

  • NOK125m: Value of the contract excluding VAT.
  • 8,900 m²: Total area of the facility.
  • 2025: Year in which construction is expected to begin.
  • 2026: Year in which the project is expected to be completed.
  • 41bn NOK: Annual revenues of Veidekke.
  • 95%: Percentage of Veidekke that is owned by its employees.

Sources:

  • M2 COMMUNICATIONS: NORDIC BUSINESS REPORT-June 20, 2025-Veidekke secures contract for environmentally certified cold storage facility at Oslo Airport.