Skanska to build bypass in Sweden for SEK 312 M

Skanska has received an assignment to build a new bypass around Katrineholm in Södermanland. The total contract is valued at SEK 312 M, which will be included in order bookings for the second quarter. The customer is the Swedish Transport Administration.

The contract includes design and construction of a 14-kilometer divided highway with 12 bridges. The longest bridges will be 300 and 100 meters, respectively. Pre-engineering will take place in cooperation with the Swedish Transport Administration, with Skanska leading the engineering of the bridges and the Transport Administration the engineering of the roads. The project will be conducted as a partnership contract. Engineering work will begin in May, construction in September and the project will be completed in December 2012. Skanska is one of Sweden’s largest construction companies, with operations in building and civil engineering construction as well as development of residential and commercial projects. In Sweden, the company has about 10,000 employees and revenue relating to construction operations amounted to about SEK 25 billion in 2009. The Residential Development unit sold about 1,000 new homes in 2009. Skanska is also active in the development of public-private partnership projects, PPP. For further information, please contact: Mats Lindahl, Project Manager, Skanska Sweden, tel: +46 10 448 213 Peter Gimbe, Press Officer, Skanska AB, tel +46 10 448 88 38 Direct line for media: tel +46 10 448 88 99