Key Developments: Peab AB (PEABb.ST)

PEABb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Peab AB sells real estate for SEK 240 mln
Wednesday, 10 Dec 2014 09:00am EST 

Peab AB:Sells four properties in Visby and one property in Upplands-Vasby.Buyer is Stenvalvet and property value amounts to about 240 million Swedish crowns.  Full Article

Peab AB wins contract worth SEK 260 mln
Monday, 24 Nov 2014 05:00am EST 

Peab AB:Peab to build Knowledge and Cultural Centre, KKC, in Askersund.The client is Askersunds municipality and the project is implemented as a partnering contract.Says contract amount is estimated at about 260 million Swedish crowns.Occupancy is expected in August 2016.The project will be reported in Q4 2014.  Full Article

Peab AB to build double track rail worth about SEK 229 mln
Thursday, 20 Nov 2014 03:00am EST 

Peab AB:Peab to build the rail line Hemfosa-Tungelsta in Haninge with double track.The client is the Swedish Transport Administration and the contract amounts to about 229 million Swedish crowns.Construction is scheduled for December 2014 and the project is scheduled for completion during 2017.  Full Article

Peab AB acquires Construction Company in Northern Norway
Friday, 14 Nov 2014 03:15am EST 

Peab AB:Signs an agreement to acquire the companies Nilsen & Haukland AS and AS Bogstrand based in Harstad in northern Norway.The companies are part of the same group and is engaged in contract and construction services.The overall turnover of the companies was for the fiscal year 2013 to 221 MNOK and employs of 120 persons.Acquisition requires approval from the Norwegian competition authorities and admission is expected to occur during the fourth quarter of 2014.  Full Article

Peab to build new IKEA store in Umea, order worth SEK 215 mln
Friday, 14 Nov 2014 03:00am EST 

Peab AB:Has been contracted to build the new IKEA store in Umea.The customer is IKEA Properties Ltd and the contract amounts to SEK 215 million.  Full Article

Peab to rebuild the olympia in Helsingborg
Wednesday, 29 Oct 2014 03:00am EDT 

Peab AB:Now, the parties signed an agreement to Peab's mission to rebuild football stadium Olympia in Helsingborg in accordance with award decision of June 2013.The client is Kärnfastigheter in Helsingborg and contract amounts to about 324 mln Swedish crown.The project includes remodelling, additions and new construction of total of 27,000 sqm including unheated public and spectator spaces.Work involves football stadium Olympia adapted to modern UEFA standard and will after rebuilding also be used for concerts and other events.Football matches will be played as usual during project, work is focused on platform at time.Construction will commence immediately and project is scheduled for completion in spring 2017.Agreement between Peab and Kärnfastigheter signed during night of Oct. 28.  Full Article

Peab AB to build a new school in Skara
Thursday, 23 Oct 2014 04:00am EDT 

Peab AB:Says has been contracted to plan, design and build a new 7-9 school in Skara, Sweden.Says client is Skara Municipality.Says contract amounts to about 220 million Swedish crowns.Says school is expected to be completed during the summer 2017.Says project will be order reported in Q4 2014.  Full Article

Peab builds a new terminal for DHL Freight in Malmo
Tuesday, 23 Sep 2014 07:00am EDT 

Peab AB:Says Peab has been contracted to build a new terminal building in Sunnana, outside Malmo.Says the client is a jointly-owned company between Catena AB and Peab AB.Says contract amounts to 148 million Swedish crowns.Says tenant will be DHL Freight.Says completion is scheduled for winter 2015/2016.  Full Article

Peab AB to extend Port of Kapellskar
Thursday, 11 Sep 2014 02:00am EDT 

Peab AB:Peab has been contracted to construct Kapellskar harbor.Client is Stockholms Hamnar by Kapellskärs Hamn AB and contract amounts to 200 mln Swedish Crown.To ensure shipping industry in Stockholm region and to meet future traffic trends, volumes and vessel sizes the Port of Kapellskär extends.Mission Peab received include an expansion of the port plan on 80,000 sqm.Completion is scheduled in Nov in 2016.  Full Article

Peab AB to build a new hospital building in Helsingborg
Friday, 29 Aug 2014 06:30am EDT 

Peab AB:Says is to build a new nursing building on 40,000 sqm at Helsingborg Hospital.Says client is Region Skåne and project is executed in collaboration contract.Says Parties shall jointly determine scope and cost.Says project is expected to order reported, after final determination of contract amount between the parties, in Q1 by 2015.  Full Article

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