Peab builds part of the new subway in Stockholm

Peab has been commissioned to build a concrete tunnel for the new subway at Kvicksund Road in Bandhagen in southern Stockholm. The customer is Region Stockholm’s administration of the subway extension and the contract is worth SEK 124 million.

More trains will be needed when the subway in Stockholm is extended. In order to take care of all the new trains the Högdal Depo will be enlarged and used by both the Green, Blue and Yellow lines. Peab will build part of the new track tunnel that will connect the depo and the Farsta subway line so that the trains can get in and out via both Högdalen and Hökarängen.

“As the Nordic Community Builder we are pleased to be part of the extension of the new subway, thereby helping to create better conditions for mass rapid transit for people in Stockholm,” says Carl Johan Söderberg, Region Manager Peab.

The project is a traditional contract. Construction is planned to start in August 2021 and the project is expected to be completed in 2024.

The project will be order registered in the third quarter 2021.

 

Photo: Region Stockholm

For further information, please contact:

Carl Johan Söderberg, Region Manager Peab, +46 734 10 69 31

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

Peab is the Nordic Community Builder with 16,000 employees and net sales of SEK 57 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it’s lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.

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As the Nordic Community Builder we are pleased to be part of the extension of the new subway, thereby helping to create better conditions for mass rapid transit for people in Stockholm.
Carl Johan Söderberg, Region Manager Peab