OPERATIONS

Veidekke’s operations are defined in its Articles of Association, which is available on Veidekke’s website under "Corporate Governance".

Veidekke ASA is a public limited company. Its registered office is in Oslo and the Group has operations in Norway, Denmark and Sweden. Veidekke’s operations are managed by Veidekke Entreprenør (construction), Veidekke Eiendom (property) and Veidekke Industri (industry), all in Norway, and Veidekke Sverige in Sweden and Hoffman in Denmark. Each division consists of regions, districts and departments. Veidekke also has construction operations in Africa through its subsidiary Noremco in Tanzania.

Veidekke’s operations in Norway, Denmark and Sweden include building and construction projects, renovation, specialised heavy construction contracts and development of residential and non-residential properties for private and public customers. In Norway, Veidekke is also engaged in asphalt operations, production of crushed stone and gravel, road maintenance, demolition/plant contracting and recycling of industrial waste.

The Group has a decentralised responsibility and authority structure, which implies a high degree of responsibility and authority for individual heads of entities. This ensures closer proximity to customers and suppliers, which has proved to be an advantage in competition for contracts and business opportunities for Veidekke.

Corporate management

The corporate management team consists of the President and CEO, the heads of the three divisions (construction, property and industry) and the heads of central staff functions such as accounting, finance, human resources and communications.