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Skanska constructs medical building in Connecticut, USA, for USD 149 M, about SEK 965 M

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Skanska has signed an additional contract to build a new special medical building for Stamford Hospital in Connecticut, USA. The contract value, USD 149 M, about SEK 965 M, will be included in order bookings for Skanska USA Building for the first quarter of 2014. 

Skanska began construction on the renovation and expansion project for Stamford Hospital to expand the hospital’s services and capacity in 2012. The new 60,000 square-meter medical specialty building will be constructed on the existing Stamford Hospital Campus.

Construction on the new building began in spring 2013, and is expected to be completed in spring 2016.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5 billion.

For further information, please contact:

Beth Miller, Communications Manager, Skanska USA, tel: +1 917 656 5883

Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10-448 88 08

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

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

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 57,000 employees in selected home markets in Europe, in the US and Latin America.

Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2013 totaled SEK 136 billion.

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