Skanska renovates the Metropolitan Museum of Art in New York, USA, for USD 118M, about SEK 1 billion

Skanska has signed a contract with the Metropolitan Museum of Art to reconstruct the historic skylights and renovate attic mechanical, electrical, and plumbing (MEP) systems in Wings A, B, and C of the Museum. This contract is worth USD 118M, about SEK 1 billion, which will be included in Skanska’s order bookings for the third quarter 2018.

Construction on the project is underway and is scheduled to finish in December of 2021.

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 2017 and had about 9,500 employees in its operations.

For further information, please contact:

Patric Elmén, acting Head of Media Relations, tel +46 (0) 449 31 34

Michael Iacovella, Senior Director Communications Northeast, tel +1 917 438 3377

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 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.