Skanska to construct cultural center in Stjørdal, Norway, for NOK 381 M, about SEK 434 M

Skanska Norway has signed a contract with Stjørdal Kulturutvikling AS for the construction of a regional cultural center in Stjørdal, Norway. The contract is worth NOK 381 M, about SEK 434 M, and will be included in order bookings for Skanska Norway for the second quarter 2013. 

The construction comprises of a total of 11,500 square meters and will contain a church, library, education center, several cinemas, dance halls, concert halls, a gallery and meeting rooms. There will also be a 4,200 square meters park under ground level.

Preparatory works have started, construction start May 2 and will be completed in May 2015.

Skanska Norway focuses on construction and civil engineering operations. The unit has approximately 4,500 employees. In 2012, Skanska Norway reported revenue of SEK 12.5 billion. In Norway, Skanska is also active in the development of residential, commercial properties and public private partnerships (PPP) projects.

For further information please contact:

Pål P Syse, Communications manager, Skanska Norway, tel +47 98 21 00 01

Edvard Lind, Press Officer, Skanska AB, tel +46 10 448 88 08

Direct line for media, tel +46 10 448 88 99

This and previous releases can also be found at www.skanska.com

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 57,000 employees in selected home markets in Europe, in the US and Latin America. Skanska's sales in 2012 totaled SEK 132 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

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