Skanska signs contract for expansion of hospital buildings in Florida, USA, for USD 148 M, about SEK 1billion

Skanska has signed a contract with Morton Plant Hospital Association, Inc. to construct a new patient tower and renovate adjacent hospital buildings located in Clearwater, Florida, USA. The contract value is USD 148 M, about SEK 1billion, which will be included in order bookings for Skanska USA Building in the fourth quarter 2012.

The five-story structure includes a 21,400-square meter tower with surgical services, women’s services and orthopedics as well as 25,600-square meters of renovation.

The construction of the new tower includes public and administration spaces, 20 new operating room suites, a women’s center including NICU, C-section operation rooms, labor and delivery rooms, 50 orthopedic rooms and mechanical spaces. 

Construction for the project began November 2012 and is expected to be completed by November 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, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 9,400 employees and its 2011 revenues were SEK 31.3 billion.

For further information please contact:

Jessica Murray, Senior Director – Communications, Skanska USA,

tel +1 404 946 7468

Edvard Lind, Group Press Officer, 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.

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.