Veidekkes' subsidiary Kolo Veidekke has requested assistance from the Norwegian Competition Authority to clarify what may be a possible breach of the Competition Act.
The background for the move is that information has emerged internally at the operation in Trøndelag that may form the basis for such suspicion, and that Kolo Veidekke wishes to confirm or disprove this as soon as possible.
Today the Norwegian Competition Authority has started work on collecting possible evidence, and has visited our units/departments related to our asphalt operations in Central Norway.
The issue is related to asphalt operations, and it must be emphasized that so far it is merely a suspicion. More information will be provided when a final conclusion is available.
Facts on Kolo Veidekke:
- Wholly-owned subsidiary of Veidekke ASA
- 1,268 employees (2008)
- Turnover 3,293 MNOK (2008)
- Involved in asphalt operations and road maintenance and the collection and recycling of waste
For more information please contact:
Communications Director Kai Krüger Henriksen,
tel +47 21 05 77 04 / +47 90 51 93 60, kai.henriksen@veidekke.no
Veidekke ASA is a leading Scandinavian building contractor and property developer with 6,250 employees and turnover of NOK 19.4 billion (2008). The group is listed on the Oslo Stock Exchange and has a dispersed ownership structure with the employees owning 18% of the stock. The business spans a wide spectrum of building and construction projects, developing housing and commercial buildings for private and public sector clients, asphalt plants and road maintenance as well as collecting and recycling waste.