Peab to Rebuild the Olympia in Helsingborg

Now, the parties signed an agreement to Peab's mission to rebuild the football stadium Olympia in Helsingborg in accordance with the award decision of June 2013. The client is Kärnfastigheter in Helsingborg and the contract amounts to about SEK 324 million.

The project includes remodelling, additions and new construction of a total of 27,000 sqm including unheated public and spectator spaces.

- We are proud of the trust from Kärnfastigheter providing Helsingborg with a facility that corresponds to the demands for a modern Olympia, says Bratislav Marjanovic, Project manager Peab.

The work involves football stadium Olympia adapted to modern UEFA standard and will after the rebuilding also be used for concerts and other events.

Football matches will be played as usual during the project, the work is focused on a platform at a time.

Construction will commence immediately and the project is scheduled for completion in spring 2017.

The project will be reported in the fourth quarter of 2014.

The agreement between Peab and Kärnfastigheter signed during night of October 28. 2014.

Former news release on the award decision

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 on 29 October 2014 at 08.00 a.m.

For further information, please contact:
Bratislav Marjanovic, Project manager Peab, +46 733 37 43 02
Niclas Brantingson, CIO Peab, +46 733 37 20 06
 

Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 40 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.

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