Peab expands Olskroken for the Swedish Transport Administration for SEK 2,900 million

Peab has been commissioned to expand one of the most important junctions in the West Sweden railroad system, Olskroken, with railway track overpasses. The customer is the Swedish Transport Administration and the contract is worth SEK 2,900 million.

The construction contract for Olskroken is divided into two phases. In the first phase, which began in December 2015, Peab and the Swedish Transport Administration have worked together on planning and producing a target price for the project. Now Peab has been awarded the contract for the second phase which is a turnkey contract that includes detail planning and construction.

The project is expected to run until 2025.

The project will be order registered in the second quarter of 2018.

For further information, please contact:
Berth Larsson, Region Manager Peab, +46 733-37 48 94
Henrik Samuelson, Press Officer Peab, +46 725-33 45 85

Peab is a leading Nordic construction and civil engineering company with about 15,000 employees and SEK 50 billion in net sales. The Group has strategically placed offices in Sweden, Norway and Finland. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on NASDAQ Stockholm.

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Peab is a leading Nordic construction and civil engineering company with about 15,000 employees and about SEK 52 billion in net sales. The Group has strategically placed offices in Sweden, Norway and Finland. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on NASDAQ Stockholm.