Skanska to build section of highway in Slovakia for SEK 550 million, SKK 1.9 billion

Skanska has been contracted to construct the first phase of the D1 road between Sverepec and Vrtižer in Slovakia. Skanska’s share of the contract amount totals SKK 1.9 billion, about SEK 550 M, which will be included in orders bookings for the third quarter.

The contract is worth a total of about SKK 4.4 billion, SEK 1.3 billion. The project will be implemented by a consortium, of which Skanska’s share accounts for 43 percent.

The client is the Slovak Highway Authority, which is financing the project with support from the EU Cohesion fund.

The project pertains to a 4.9 kilometer section of freeway, including six bridges, two over-passes and one rest area.

Work has commenced and the section is scheduled to be completed in October 2010.

Skanska Czech Republic, which is the largest construction company in the country, had sales of about SEK 11.4 billion in 2007. The company has about 7,000 employees in Czech Republic and Slovakia.


For further information please contact:

Ondrej Such, Press Officer, Skanska Czech Republic,
tel +420 267 095 444
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38
Direct line for the media: +46 8 753 88 99