Skanska invests EUR 37M, about SEK 360M, in the first phase of a new office project in Bucharest, Romania

Skanska invests EUR 37M, about SEK 360M, in the first phase of the office project Equilibrium located in the northern part of Bucharest, Romania. The 12-storey building will comprise of 20,800 square meters of gross leasable area and 240 parking lots above- and underground.

Equilibrium will have a mix of green relaxation spaces, modern exterior furniture and meeting hubs with wireless connection in all areas and innovative sustainability features such as carbon footprint calculation, a dashboard showing energy consumption, high speed chargers for electrical cars and a dedicated application of the building. The project is LEED Gold pre-certified. Upon completion, the entire two-building complex will offer 40,700 square meters of gross leasable area.

Construction is due to start in July 2017 and is scheduled for completion in the second quarter of 2019.

Equilibrium is Skanska’s third office development project in Bucharest.

Skanska is one of the leading developers and construction companies in Europe. Outside the Nordics, the company has its European operations in building construction and civil engineering located in Poland, the Czech Republic, Slovakia and the UK. Skanska develops commercial properties in select local markets in Poland, the Czech Republic, Romania and Hungary, and residential developments in Prague and Warsaw. Skanska also offers services in public private partnerships. In 2016, Skanska had sales of SEK 36 billion and about 16,500 employees in its European operations.

For further information please contact:

Aleksandra Markiewicz, Communications, Skanska Commercial Development Europe, tel: +48 797 229 147

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.