Skanska to build office in USA for USD 100 M, about SEK 740 M

Skanska has been awarded a contract to manage construction of an office project in the US. The contract amounts to USD 100 M, about SEK 740 M, which is included in order bookings for the fourth quarter.

The assignment is for a new corporate office building and parking garage for an international client.

The total project amounts to about USD 105 M, approximately SEK 780 M, and a smaller portion of the contract was booked earlier when Skanska was assigned the preparation work. Construction is expected to be completed in the summer of 2008.

Skanska USA Building Inc. is a leading national and local provider of construction, pre-construction consulting, general contracting and design-build services to a broad range of US industries, including life sciences, healthcare, education, high-tech, aviation, transportation, sports and entertainment. Skanska USA Building also provides pharmaceutical validation services to clients. The company is headquartered in Parsippany, New Jersey, and has approximately 3,700 employees. The company reported sales in 2005 of about SEK 30 billion.


For further information please contact:

Tom Crane, Senior Vice President Communication,
Skanska USA Building, tel +1 973 753 3450
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 99