JM wins contract worth MSEK 180 from Akademiska Hus in Huddinge
JM wins contract worth MSEK 180 from Akademiska Hus in Huddinge Akademiska Hus i Stockholm AB has chosen JM AB to build premises for the Karolinska Institute in Huddinge on a general contracting basis. JM's assignment is worth around MSEK 180 and consists of new educational facilities with a floor space of around 22,000 square meters. The project is scheduled to begin in autumn this year and is expected to be completed in the summer of 2002. We are very pleased to win this assignment from Akademiska Hus, a customer we have collaborated with in earlier projects such as the construction of Geocentrum, four buildings with a combined space of 25,500 square meters on Stockholm University's Frescati campus", says Regional Manager Olle Lång, JM Entreprenad Stockholm. Akademiska's total investment in the university campus at Huddinge will amount to around SEK 1 billion. By 2002, Karolinska Campus South will house some 4,000 students, teachers and researchers. The Karolinska Institute is located adjacent to Södertörn University College and within a two-year period the university area in Flemingsberg will have capacity for 10,000 students. In light of the positive experiences from our earlier collaboration with JM, we are happy to be working with JM in expansion of the Flemingsberg university area", says Lennart Karlsson, Managing Director of Akademiska Hus. For additional information, contact: Akademiska Hus i Stockholm AB Lennart Karlsson, Managing Director +46 8 685 75 03 +46 70 523 08 09 Magnus Johansson, Property Manager +46 8 685 76 40 +46 70 629 13 76 JM Olle Lång, Regional Manager+46 8 782 87 88 Anders Rahm, Department Manager +46 8 782 89 72 [REMOVED GRAPHICS] Akademiska Hus is a government-owned real estate group that manages and develops attractive educational and research environments on behalf universities and colleges. The Group is made up of the parent company in Gothenburg and seven subsidiaries in Sweden's major university towns. Annual turnover in 2000 totalled SEK 3.6 billion and profit after tax was SEK 580 million. Investments in 2001 are expected to reach approximately SEK 3 billion. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01280/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01280/wkr0002.pdf