Skanska signs contract for USD 80 M, about SEK 670 M, for rehabilitation of three train stations in Brooklyn, USA

Skanska has signed a contract with the MTA, New York City Transit, for the renewal of three train stations in Brooklyn, NY. Skanska will include the project value, USD 80 M, about SEK 670 M, in order bookings for Skanska USA Civil for the first quarter of 2015. 

Skanska will renew three subway stations on the Sea Beach Line in Brooklyn, NY. The work includes platform and canopy replacement, refurbishment of control houses, electrical and communication upgrades, and structural repairs along the rail structures between the stations.

Construction has begun and is expected to be completed in November 2018. 

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 2014 revenues were SEK 43.5 billion.

For further information, please contact:

Beth Miller, Communications Director, Skanska USA, tel: +1 917 438 4523

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 premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 58,000 employees in selected home markets in Europe and North America. Skanska's sales in 2014 totalled SEK 145 billion.