Skanska hands over highway in Finland
Today Skanska, through the Tieyhtiö Nelostie company, hands over the highway between Träskända and Lahti to the Finnish Transport Agency, according to the contract. In 1997 Skanska signed a 15-year agreement on the planning, funding, construction and maintenance of the highway. When the contract runs out the highway is handed over without charge and in agreed upon condition.
The project was the first privately funded highway in the Nordics. The Transport Agency has estimated that between 20 and 30 million Euro of public funds can be saved each year due to the reduced number of accidents and improved flow of traffic.
For further information, please contact:
Edvard Lind, Group Press Officer, Skanska AB, tel: +46 (0)10-448 88 08
Direktlinje för media, telefon: 010-448 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.
Throughout 125 years, Skanska has been a modern and innovative developer and contractor, building what society needs. Today, 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 53,000 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 2011 totaled SEK 123 billion.