Peab expands the road 50 in Narke
Peab has been contracted to carry out the expansion of Highway 50 in Närke to a dual road. The customer is Swedish Transport Administration and the contract amounts to SEK 229 million.
The assignment includes the widening of the 20 km route to alternating 2 + 2, 1 + 1 and 2 + 1 road separated by a median barrier on the route Rude-Askersund-Åsbro in Örebro County. The project also includes about 10 km side roads, pedestrian and cycle paths and nine bridges.
The road is important for both the heavy traffic and commuting traffic. It is currently heavily congested. In order to improve traffic flow and increase safety the road will be widened and rebuild on to a dual road with median barrier.
The project will be reported in the fourth quarter of 2015.
For further information, please contact:
Bert Larsson, region manager Peab 0733 374894
Gösta Sjöström, CIO Peab 0733 371010
Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 43 billion. The Group has strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.