Peab receives road contract in Norway

Peab's Norwegian civil engineering operations has been contracted to be responsible for operation and maintenance of roads in the Midt Romerike outside Oslo. The client is Public Roads Administration and the total contract amounts to MNOK 262 million.

Operating area consists of about 600 kilometres road of which 100 kilometres highway, and pedestrian and bicycle paths. The highway between Oslo and Gardermoen Airport, one of Norway's busiest roads, also part of the operational area.

The contract starts on 1 September, 2011 and extends until 2016

 

For additional information, please contact:

Line Fredriksen, communication manager Peab Norway +47 913 62 254
Gösta Sjöström, CIO Peab +46 733 371010

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

The information was submitted for publication at 10.00 a.m. on 28 March 2011.

Previous press releases from Peab are available at www.peab.com

Peab is one of the leading construction and civil engineering companies in the Nordic countries with approximately 14,000 employees and a net sale amounting to around SEK 38 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.