Skanska to build hospital in Virginia for USD 53 M, about SEK 330 M

Skanska has been awarded the construct management contract for a hospital in Roanoke, Virginia. The contract amount is USD 53 M, about SEK 330 M, which is included in order bookings for the second quarter. The customer is Carilion Health System.

The project comprises an approximately 20,000-sqaure-meter clinic building with a total of 208 patient/exam rooms. The building will also house a radiology department equipped for magnetic resonance imaging (MRI) and computed tomography (CT) scanning as well as radiation treatment.

Earlier, Skanska has carried out preconstruction work for about USD 10 M, which is included in order booking in prior quarters. The total construction cost for the project, which is scheduled to be completed in October 2009, amounts to USD 63 M.

Carilion Health System is one of Skanska’s repeat customers. Since 2001, four major projects have been carried out within the Carilion Clinic Medical Park in Roanoke.

Skanska USA Building is a leading U.S. provider of construction, general contracting, design and design-build services. The company also provides pharmaceutical validation services to clients. Customers represent a broad spectrum of American industries, including the pharmaceutical, healthcare, educational, electronics, infrastructure, sports and entertainment industries. The company is based in Parsippany, New Jersey and has approximately 4,000 employees. Revenues totaled approximately SEK 27 billion in 2007.


For further information please contact:

Tom Crane, Senior Vice President Communication,
Skanska USA Building, tel +1 973 753 3450
Anders Lilja, Senior Vice President, Investor Relations, Skanska AB,
tel +46 8 753 88 01