Petter Eiken becomes acting President of Skanska Norway

Geir M Aarstad, President of Skanska Norway, has decided to leave his position for a new job in the construction industry in Saudi Arabia. Petter Eiken, Executive Vice President of Skanska AB and responsible for the construction units in the Nordics, will become acting President of Skanska Norway until a successor is in place.

“Geir has done an excellent job and has been successful in positioning Skanska as the leading construction company in Norway towards customers and co-workers. We wish him all the best in his international career,” says Petter Eiken. Geir M Aarstad has been President of Skanska Norway since 2004 and before that he has, among other positions, worked as regional manager in the Norwegian construction operations. He joined Skanska in 1989. Recruitment of his successor has already started and will include both internal and external candidates. Skanska Norway focuses on construction and civil engineering operations. The unit has about 4,500 employees. In 2008, Skanska Norway generated revenues of approximately SEK 13.3 billion. In Norway, Skanska is also active in the development of residential projects and PPP (Public Private Partnership) projects. For further information please contact: Geir Linge, Communications Manager, Skanska Norway, tel +47 92 25 11 25. Peter Gimbe, Press Officer, Skanska AB, tel +46 10 448 88 38. Direct line for media: tel +46 10 448 88 99.