Skanska to construct railway viaduct in London for GBP 59 M, or about SEK 660 M

Skanska has secured an assignment to construct a railway viaduct in London. The contract amounts to GBP 59 M, or about SEK 660 M, which will be included in Skanska’s order bookings for the third quarter. The customer is Network Rail.

The project pertains to a 400-meter long viaduct over the Borough Market food market in southeast London. The assignment also includes demolition works and implementation of temporary relocation of Borough Market. As part of a previous contract, Skanska assisted the customer in planning and developing the project. Construction work will start immediately and is scheduled for completion in August 2012. Skanska UK reported revenues of SEK 17.9 billion in 2008, with about 4,800 employees. The company is active in building and civil construction, utilities and building services. Skanska is also a leader in the British program for private public partnerships, PFI (Private Finance Initiative). For further information please contact: Tanya Barnes, Head of Communications, Skanska UK, tel +44 1923 423 905 Peter Gimbe, Press Officer, Skanska AB, tel +46 10-448 88 38 Direct line for media: tel +46 10-448 88 99