Handling of the Covid-19 pandemic

Veidekke is closely following the development of the Covid-19 pandemic. We are responsible for the health of our employees, partners, suppliers and customers, and we have a responsibility to follow the rules and restrictions imposed by the authorities, as well as also ensuring we maintain the best possible levels of production.

We have several emergency response teams in place to manage various types of information and risk overviews. Veidekke always follows advice, restrictions and recommendations that are issued by the health authorities in order to contribute to the effort to limit the spread of infection, while also avoiding the need for our colleagues to enter quarantine due to working too closely together.

Many people’s livelihoods depend on Veidekke, and our large network of suppliers are dependent on us maintaining production. The building and construction industry is one of the biggest onshore industries in Scandinavia, and is it vital to the economy that we do not stop. Nevertheless, many are dependent on the services we deliver - from house buyers to the logistics sector - and we are doing what we can to ensure that our customers are able to receive the services that the country needs in order to function.

The outbreak has had a limited impact on progress to date in building and construction projects, as well as in terms of residential sales. Veidekke has many craftsmen who are employed on a permanent basis, and the company has not noticed any major impact as a result of the ban on travellers arriving from outside the country. At the same time, there is uncertainty about how this will affect us once the restrictions are lifted or if they become stricter. In those instances where we have to shut down projects or notice potential declines in order volume, layoffs may be a potential outcome.