Skanska builds research facility in Virginia, USA, for USD 68M, about SEK 580M

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Skanska has signed a contract with Carilion Clinic, a collaboration between Carilion Clinic and Virginia Tech, to build a research facility in Roanoke, Virginia, USA. The contract is worth USD 68M, about SEK 580M, which will be included in its US order bookings for the fourth quarter 2017.

Skanska will build a four-story research laboratory of approximately 13,000 square meters. The building will complete the Virginia Tech Carilion Biomedical Research addition on the Virginia Tech Carilion Health Sciences and Technology Campus.

Construction began in December 2017 and is expected to be completed in January 2020.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska also offers services in public-private partnerships. Skanska USA had sales of SEK 59 billion in 2016 and had about 9,300 employees in its operations.

For further information please contact:

Sherie Winston, Communications, Skanska USA, tel: +1 703 351 2752

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 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 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 41,000 employees. Skanska's sales in 2016 totaled SEK 151 billion.

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