Skanska to build student housing in Norway for SEK 350 M

Skanska has been contracted to build student housing in Trondheim, Norway. The contract amounts to NOK 300 M, about SEK 350 M, which is included in order bookings for the fourth quarter. The customer is the Student Welfare Association in Trondheim.

The contract involves construction of a new student housing area, Berg Studentby, and comprises a total of 17,000 square meters distributed among 644 student rooms and common areas. The project also involves certain demolition work.

Work begins in December and is scheduled to be completed in December 2010.

Skanska Norway focuses on construction and civil engineering operations. The unit has about 4,500 employees. In 2007, Skanska Norway generated revenues of approximately SEK 12.8 billion. In Norway, Skanska is also active in the development of residential projects and PPP (Public Private Partnership) projects.




For further information please contact:

Geir Linge, Head of Communications, Skanska Norway, tel +47 4000 6400
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38.
Direct line for media: tel +46 8 753 88 99