Skanska to Build Södra Marieholmsbron, Gothenburg, Sweden, for SEK 554 M

ÖSTERSUND, Sweden--()--Regulatory News:

Skanska (STO:SKAB) has, in joint venture with Danish MT Höjgaard AS, been commissioned to construct the bridge Södra Marieholmsbron over Göta Älv and Säveån in Gothenburg, Sweden. Client is the Swedish Transport Administration (Trafikverket). The contract is worth a total of SEK 791 M, of which Skanska's 70 percent share amounts to SEK 554 M. The contract will be included in order bookings for Skanska Sweden for the fourth quarter 2013.

The project includes a 1.5 kilometer long rail bridge, ranging from Kville rail yard in the north to Olskroken in the south. Parallel to, and directly adjacent to the new railway bridge, a new pedestrian and cycle bridge will be built.

The new bridge, which is part of the Marieholm connection, will result in the expansion of an additional track on an openable rail bridge parallel to the existing line. Skanska also built the first part of the Marieholm connection which opened in December 2011.

Construction start is scheduled for the first quarter of 2014 and Södra Marieholmsbron is expected to be completed by the second quarter of 2017. The project will at the peak period employ approximately 130 people.

Skanska Sweden is one of Sweden’s largest construction companies, with operations in building and civil-engineering construction and residential- and project development. The business unit has approximately 11,000 employees and revenue in 2012 amounted to approximately SEK 30 billion. In Sweden, Skanska is also active in the development of commercial premises and infrastructure.

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 premises, and public-private partnership projects. Based on its global green experience, Skanska aims to be the client’s first choice for green solutions. The group currently has 57,000 employees in selected home markets in Europe, the US and Latin America. Skanska's sales in 2012 totaled SEK 132 billion.

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

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Contacts

Skanska Sweden
Tomas Dädeby, Regional Manager
tel: +46 10 448 80 31
or
Skanska AB
Edvard Lind, Head of Media Relations
tel: +46 (0)10-448 88 08
or
Direct line for media: +46 10 448 88 99

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Contacts

Skanska Sweden
Tomas Dädeby, Regional Manager
tel: +46 10 448 80 31
or
Skanska AB
Edvard Lind, Head of Media Relations
tel: +46 (0)10-448 88 08
or
Direct line for media: +46 10 448 88 99