Skanska builds new tram depot in Gothenburg, Sweden, for SEK 847 M

Skanska has signed a contract with Region Västra Götaland, Västfastigheter to build a new tram depot in Gothenburg, Sweden. The contract is worth SEK 847 M, which will be included in the order bookings for Sweden for the third quarter 2020.

The tram depot consists of two buildings, one for operations and one workshop hall. Skanska is also building the track system in and between the two buildings. The operational building contains space for service and deployment of the trams together with rooms for staff. In the workshop hall there will be room for maintenance and repair, and rooms for administration and staff.

The tram depot is a vital ingredient in the long-term effort to strengthen the public transport in the region. It will offer possibilities to handle the future expansion of the tram operations and it is a welcome addition to the already existing depots in the region.

Construction start is scheduled for the end of 2020 and the work will be completed by the end of February, 2024.

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 70 billion and more than 15,200 employees in its Nordic operations during 2019.

For further information please contact:

Olof Rundgren, Media Relations Manager, Skanska AB, tel +46 (0)10 448 67 94

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 in select markets throughout the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society and provides innovative, sustainable solutions for both simple and complex assignments. The Group has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.

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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.