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Skanska to construct highway in Poland for PLN 468 M, or about SEK 1.1 billion

Thu Nov 5, 2009 4:38am EST
STOCKHOLM, Sweden--(Business Wire)--
Regulatory News: 

Skanska has secured an order to construct a highway near Wroclaw, Poland. The
contract value is PLN 468 M, or about SEK 1,130 M, which will be included in
order bookings for the fourth quarter. The customer is the Polish Road
Administration. 

The assignment is for a 25-kilometer expansion of the S-8 highway, northeast of
Wroclaw. The project comprises the new construction of about 20 kilometers of
four-lane highway and the broadening of about five kilometers of existing road.
The project includes traffic interchanges, 18 flyovers and 12 wildlife
crossings. It also includes three and a half kilometers of noise barriers and
fencing along the entire stretch. 

On-site work will commence this autumn and will be completed by the second
quarter of 2012. 

Currently, Skanska is also working on two additional major road projects in the
Wroclaw area. Construction is also in progress on the north-south A1 highway;
conducted as a public-private partnership project. Skanska is active in the
owner company and as a contractor. Skanska`s share of the construction contract
for A1 amounts to EUR 570 M. 

Skanska Poland, one of the largest construction companies in the Poland, had
sales of SEK 7.6 billion in 2008. The company has about 5,700 employees. In
Poland also Skanska Commercial Development and Skanska Infrastructure
Development are active. 

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. The Group currently has 55,000
employees in selected home markets in Europe, in the US and Latin America.
Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange,
Skanska's sales in 2008 totaled SEK 144 billion. 

This information was brought to you by Cision http://www.cisionwire.com

Skanska AB
Marcin Gesing, Press Officer, Skanska Poland
tel +48 22 561 30 66
or +48 510 161 516
or
Peter Gimbe, Press Officer, Skanska AB
tel +46 10 448 88 38
or
Direct line for media: tel +46 10 448 88 99 

Copyright Business Wire 2009



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