Skanska allocated an additional GBP 50M, about SEK 660M, towards works on the high-speed railway HS2 in UK
Skanska, as part of the Skanska Costain STRABAG joint venture, has been allocated an additional GBP 50M, about SEK660M, under the existing contract with HS2 Ltd towards works on phase one of the new high-speed railway in the UK. This will be included in the order bookings for Europe in the third quarter of 2024.The award relates to planned and agreed changes to the scope of works under the contract. The total contract, now valued at approximately GBP 1.425 billion, about SEK 19.0 billion to Skanska, involves the design and construction of major tunnels in the southern section of the