Nye Veier
Nye Veier AS is a Norwegian state-owned enterprise that plans, builds, operates, and maintains 1,095 km of national roads and 40 km of railway, funded by state appropriations and toll revenues under mandate from the Ministry of Transport.
- Company typePrivate
- Founded2015
- HeadquartersKristiansand, Norway
- Headcount—
- GTM typeB2B
- OfferingServices
What Nye Veier does
Nye Veier AS is a Norwegian state-owned enterprise established in 2015 that plans, builds, operates, and maintains national road infrastructure under the ownership of the Norwegian Ministry of Transport (Samferdselsdepartementet). The company manages a portfolio of 1,095 km of national roads and 40 km of railway, with a total estimated development cost of 316 billion NOK (in 2025-kroner). Headquartered in Kristiansand, it operates through six regional offices across Norway and applies a proprietary methodology called 'Smalere er smartere' (Narrower is Smarter) that uses BIM, lidar scanning, and a Global Project Management (GPM) system to drive cost and emissions efficiency. As of Q4 2025, 152 km of road had been opened to traffic and 126 km remained under construction, with reported 18% cost reduction on opened roads, 34% reduction in greenhouse gas emissions from construction versus baseline, and an estimated 20.5 billion NOK uplift in socio-economic profitability.
The business model is funded through an annual financial framework of approximately 10 billion NOK, split between roughly 6.5 billion NOK from the Norwegian state budget and approximately 4 billion NOK from toll revenues. Revenue mechanics are project-based with multi-year construction contracts awarded to large Norwegian and European contractors including Hæhre, Skanska-Syltern joint ventures, Eiffage, and AF Gruppen. The go-to-market is dictated by mandate from the Stortinget (Norwegian Parliament), which assigns specific road sections and, since 2021, the Ringeriksbanen railway, into its portfolio.
The primary customer is the Norwegian state via the Ministry of Transport, which commissions and funds the infrastructure programme; secondary cash flow derives from end-user tolls collected on completed roads. Pricing is not market-driven but set through parliamentary appropriations and socio-economic cost-benefit analyses updated twice yearly. Sustainability credentials are increasingly central to the offering, with completed projects targeting BREEAM Excellent certification and a 2026 Sustainable Materials Pilot Program covering more than ten pilots over three years.
Nye Veier firmographics
Firmographics- Name
- Nye Veier
- Legal name
- Nye Veier AS
- Website
- https://nyeveier.no
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Short description
- Nye Veier AS is a Norwegian state-owned enterprise that plans, builds, operates, and maintains 1,095 km of national roads and 40 km of railway, funded by state appropriations and toll revenues under mandate from the Ministry of Transport.
- Ownership category
- akta.pro rank
Nye Veier industry classification
Industry- Product category
- Road Infrastructure Development and Operations
- NAICS
- Highway, Street, and Bridge Construction (23731), Highway, Street, and Bridge Construction (2373)
- akta.pro primary industry
- Road & Highway Authorities (Planning, Construction, Maintenance) (BPAIALAA)
- akta.pro secondary industries
- Managed Services & Operations Outsourcing for Tolling/RUC Programs (TLAJABAL), Pavement & Surface Asset Management (Resurfacing, Markings, Pothole Repair) (TLAJAAAD), Roadside Drainage, Stormwater & Erosion Control Maintenance (TLAJAAAE)
Keywords
Where Nye Veier is headquartered
LocationHeadquarters
- HQ city
- Kristiansand
- HQ country
- Norway
- HQ region
- Europe
Offices7 records
Markets served
Nye Veier business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Government funding from Samferdselsdepartementet: Nye Veier has a framework agreement with the Norwegian Ministry of Transport (Samferdselsdepartementet) that provides long-term financing for the construction and operation of its road stretches. Approximately 6.5 billion NOK is appropriated annually through the national budget.
- Toll revenues (bompenger): Approximately 4 billion NOK is financed through toll fees collected on the company's road projects. Various toll agreements determine the collection levels and duration for each project.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Toll fees on E6 Kvithammar – Åsen |
| Subscription | Annual | Annual financial framework |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Nye Veier product offering
Product offeringCore offering
Nye Veier AS is the Norwegian state's road reform vehicle. Its core offering is the planning, construction, operation, and maintenance of designated national road stretches (currently 1,095 km) and the Ringeriksbanen railway (40 km). The company runs a portfolio of major highway corridors (E6, E18, E39, E16) and finances delivery through state budget appropriations and toll revenues on selected sections.
Product overview
Nye Veier AS is a Norwegian government-owned company responsible for planning, building, operating, and maintaining national roads and railways. The portfolio as of December 2025 includes 1,095 km of national roads and 40 km of railway, with a total development cost of 316 billion NOK. The core offering consists of road infrastructure planning and construction (including major corridors like E6 through Trøndelag and Innlandet, E18 through Grenland, E39 along the south coast, and E16 toward Oslo), combined with road operations and maintenance services. Sustainability services are integrated as a module, with BREEAM certification for projects. The Ringeriksbanen railway project represents an expansion into rail infrastructure. Stakeholder engagement platforms support public consultation requirements during planning processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Road Infrastructure Planning and Construction Planning, regulatory approval, procurement and construction of national road stretches across Norway, delivered through public tenders for total contractors. Currently 126 km under construction and 152 km opened to date.
- Road Operations and Maintenance Operating and maintaining opened roads including traffic management, winter maintenance, and infrastructure monitoring through the 175 hotline and traffic control centre. 128 km of newly built road currently operated under Nye Veier.
- Portfolio Management Strategic prioritisation and management of 52 road sections based on socio-economic profitability, with portfolio plan updated twice yearly to maintain a continuous construction-ready pipeline.
- E6 Kvænangsfjellet Road Opening A 25 km completed stretch of the E6 in Troms, including the 2.5 km Mettevolltunnel, delivered as the company's first Northern Norway project.
- E6 Kvithammar–Åsen Motorway A 19 km four-lane motorway section under construction on the E6 corridor in Trøndelag.
- E6 Storhove–Øyer Motorway A nearly 10 km four-lane motorway stretch on the E6 Innlandet corridor, with a 2.8 km tunnel.
- E6 Berkåk–Vindåsliene Highway A 15 km four-lane highway stretch on the E6 Trøndelag corridor.
- E18 Rugtvedt–Langangen Motorway A 17 km four-lane motorway section of the E18 Grenland corridor with six bridges and two tunnels.
- E39 Corridor Programme The E39 highway corridor from Kristiansand to Mandal and northward, comprising opened sections (Kristiansand–Mandal, Lyngdal) and planned sections (Bilstad–Bue, Lyngdal–Kvinesdal).
- Ringeriksbanen Railway (E16 Skaret–Hønefoss) A 40 km new railway line from Jong in Sandvika to Hønefoss combined with E16 road improvements, planned to reduce Bergen–Oslo travel time by nearly an hour.
Quantifiable outcome
- 18% reduced costs for opened roads compared to baseline
- +8 more outcomes
Companies that use Nye Veier
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Nye Veier technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Nye Veier partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Hæhre Entreprenør AScoreHæhre Entreprenør AS is a major road construction contractor engaged by Nye Veier. They are building E6 Kvithammar–Åsen (19 km four-lane motorway, 5.6 billion NOK contract, opening 2027) and E6 Ranheim–Sveberg. The company executes civil engineering works including tunneling and road construction as total contractor.
- JV Skanska Syltern ANS (Skanska and Johs J. Syltern joint venture)coreJoint venture between Skanska and Johs J. Syltern AS serving as total contractor for E6 Berkåk–Vindåsliene (15 km four-lane road, construction started 2024, opening 2026/December 2026). The joint venture also handles E136 Veblungsnes and E136 Stuguflåten–Raudstøl projects.
- Eiffage Génie CivilcoreEiffage Génie Civil is the total contractor for E18 Rugtvedt–Langangen (17 km, four-lane motorway, contract signed December 2020, opening 2026). The project includes six bridges and two tunnels. Eiffage also hangs bat boxes as part of environmental follow-up on the project.
- AF GruppencoreAF Gruppen is the total contractor for E6 Storhove–Øyer (contract signed August 2023, building nearly 10 km including 2.8 km twin-tube tunnel, 1.8 billion NOK contract, opening spring 2027) and E6 Roterud–Storhove (23 km four-lane motorway with 4.2 km Vingnestunnelen and new bridge over Lågen, planned completion June 2030). Norconsult serves as advisor.
- RisacoreRisa was awarded the operations and maintenance contract for several E6 sections in Trøndelag, covering both new and existing sub-sections through 2030. Risa also serves as total contractor for Rv. 13 Djupevik–Kviturtunnelen improvement work in Ullensvang.
- Syltern AScoreSyltern AS is the total contractor for E136 Veblungsnes (construction started autumn 2025, opening 2026) and E136 Stuguflåten–Raudstøl (~4 km road improvement). Part of the JV Skanska Syltern ANS for some projects.
- RambøllcoreRambøll serves as engineering advisor on multiple Nye Veier projects, including E6 Selli–Asp planning and E6 Berkåk–Vindåsliene. Provides technical consulting, design review, and engineering analysis.
- SwecocoreSweco is engaged for planning work on E136 Hjelviktunnelen, E6 Rosten, E6 gang- og sykkelvei Dombås–Dovre, and nature surveys. Conducts environmental and geological assessments and planning under Nye Veier's direction.
- Plan AAV (Asplan Viak, ViaNova, Aas Jakobsen)corePlan AAV is a joint planning venture engaged to prepare regulatory plans for E136 Flatmark–Monge–Marstein and E6 Øyer–Otta (Sjoa–Bredevangen). Responsible for detailed planning and impact assessments.
- Trainee programmes (Trainee Sør, Trainee Innlandet, Intro Trainee)minorNye Veier collaborates with Trainee Sør, Trainee Innlandet, and Intro Trainee programmes for graduate recruitment. Approximately 20 persons have transitioned from trainee positions to permanent employment since 2016.
- Zero (environmental organization)minorNye Veier collaborated with Zero (Norwegian climate organization) to develop a concrete checklist for climate measures in the construction sector. The checklist was last updated in May 2026 and serves as inspiration for climate action in road construction projects.
- BDO ASminorBDO AS operates Nye Veier's independent whistleblowing channel as a neutral third party. Employees, contractors, suppliers, and partners can report concerns through BDO's platform, by phone, in person, or by mail. BDO handles all reports confidentially on behalf of Nye Veier.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Nye Veier competitors and assessment
Company assessmentBroad incumbents
- NCC AB: NCC is a major Nordic construction and infrastructure company with extensive road and civil engineering operations across Sweden, Norway, Finland, and Denmark. Comparable in scale and project type to the contractors building Nye Veier's portfolio, with similar exposure to Nordic infrastructure cycles.
- Veidekke ASA: Veidekke is one of Norway's largest contractors with substantial road and civil infrastructure operations across the Nordics. Comparable to Nye Veier's project delivery scope as a major Norwegian contractor engaged in highway and tunnel construction, though operating as a private commercial entity rather than a state authority.
- AF Gruppen ASA: AF Gruppen is a Norwegian contractor executing large road and tunnel projects, including Nye Veier contracts (E6 Storhove-Øyer at 1.8 billion NOK, E6 Roterud-Storhove). Comparable as a total contractor delivering the type of major highway and tunnel projects central to Nye Veier's portfolio.
- Skanska AB: Skanska is one of the world's largest construction companies, with significant Nordic road and infrastructure operations and a long-standing partnership as a total contractor for Nye Veier projects (e.g., the Skanska Syltern JV on E6 Berkåk-Vindåsliene). Comparable as a broad incumbent executing the type of major road and tunnel projects Nye Veier procures.
- Hochtief AG: Hochtief is a leading German-based international construction group with extensive transportation infrastructure operations globally, including highway and tunnel projects. Comparable as a broad European incumbent in the heavy civil and road infrastructure space that competes for the same total-contractor tenders Nye Veier runs.
- Eiffage SA: Eiffage is a major French construction group with significant international infrastructure operations, including as total contractor for Nye Veier's E18 Rugtvedt-Langangen project. Comparable as a broad European incumbent executing the type of large-scale motorway and tunnel projects Nye Veier procures.
Direct peers
- Statens Vegvesen (Norwegian Public Roads Administration): Statens Vegvesen is Norway's principal national road authority, responsible for planning, building, operating, and maintaining the bulk of Norway's public road network. It is the most direct comparable to Nye Veier in mandate, geography, and customer (Norwegian state), though Statens Vegvesen has a broader national remit while Nye Veier focuses on its designated portfolio of high-priority stretches.
Regional players
- Vejdirektoratet (Danish Road Directorate): Vejdirektoratet is Denmark's state-owned road authority, responsible for the national road network including planning, construction, and operations. Comparable to Nye Veier in its state-owned road authority structure, public procurement approach, and toll-based financing, but operating within Denmark's regulatory environment.
- Trafikverket (Swedish Transport Administration): Trafikverket is Sweden's state-owned transport authority responsible for planning, building, operating, and maintaining the national road and rail networks. It shares Nye Veier's mandate of public infrastructure delivery under a Nordic state owner, with a comparable socio-economic prioritization framework, though it operates in a different geography.
- Liikennevirasto / Väylävirasto (Finnish Transport Infrastructure Agency): Väylävirasto is Finland's state-owned transport infrastructure agency responsible for roads, railways, and waterways. Comparable in its state-owned mandate to plan, build, and maintain national transport infrastructure, with similar socio-economic decision frameworks, though operating under Finnish governance and geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Nye Veier social profiles
Digital presenceNye Veier compliance and trust
Trust signalCompliance3 records
Nye Veier financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nye Veier leadership team
Management profileNumber of profiles
Profiles2 records
Nye Veier funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nye Veier M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nye Veier
What does Nye Veier do?
Nye Veier AS is the Norwegian state's road reform vehicle. Its core offering is the planning, construction, operation, and maintenance of designated national road stretches (currently 1,095 km) and the Ringeriksbanen railway (40 km). The company runs a portfolio of major highway corridors (E6, E18, E39, E16) and finances delivery through state budget appropriations and toll revenues on selected sections.
Is Nye Veier a public or private company?
Nye Veier is a private company. It is classified as state government owned and is currently operating.
When was Nye Veier founded?
Nye Veier was founded in 2015.
Where is Nye Veier based?
Nye Veier is headquartered in Kristiansand, Norway, in the Europe region.
How does Nye Veier make money?
Two revenue lines are on record. Government funding from Samferdselsdepartementet is the primary driver. The others are toll revenues (bompenger).
Who are Nye Veier's main competitors?
Broad incumbents on record are NCC AB, Veidekke ASA, AF Gruppen ASA, Skanska AB, Hochtief AG and Eiffage SA. Statens Vegvesen (Norwegian Public Roads Administration) is listed as a direct peer. Regional players are Vejdirektoratet (Danish Road Directorate), Trafikverket (Swedish Transport Administration) and Liikennevirasto / Väylävirasto (Finnish Transport Infrastructure Agency).
Does Nye Veier have an API?
No public API is recorded for Nye Veier.
What industry is Nye Veier in?
Nye Veier's product category is Road Infrastructure Development and Operations. Its primary akta.pro industry code is BPAIALAA, Road & Highway Authorities (Planning, Construction, Maintenance), with a secondary code of TLAJABAL, Managed Services & Operations Outsourcing for Tolling/RUC Programs. Its NAICS code is 23731.