Skanska builds a subsection of Bergen Light Rail in Norway, for about NOK 982 M, about SEK 1 billion

Skanska has signed an agreement with Hordaland municipality on the construction of a subsection of Bergen Light Rail in Bergen, Norway. The contract is worth about SEK 1 billion, which will be included in the Nordic order bookings for the second quarter 2019.

The subsection is a part of the light rail tram stretching from Fyllingsdalen to city centre of Bergen. This specific part is the most complex one and includes the construction of a 1 200 meter long tunnel and a station hall. The project also includes the construction of new infrastructure surrounding the tram, deconstruction work and the production of several huge concrete foundations.

The project has high ambitions regarding sustainability and will implement a number of actions to lower the carbon footprint including biofuels, electrical machines and the use of low-carbon concrete. The project will be certified according to CEEQUAL level Very Good. CEEQUAL is a global certifying system focusing on suitability within construction projects.

Construction start will be in June 2019 and the project is scheduled for completion by the end of 2022.

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska had sales of about SEK 67 billion and more than 15,500 employees in its Nordic operations during 2018.

For further information please contact:

Jacob Birkeland, Head of Media Relations, Skanska AB, tel +46 (0)10 449 19 57

Audun Lågøyr, Head of communications Skanska Norge AS, tel +47 93 45 25 31

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 38,000 employees, and 2018 revenue totaled SEK 170 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

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