ÖSTERSUND, Sweden--(BUSINESS WIRE)--Regulatory News:
Skanska has signed a contract with the state organization Railway Infrastructure Administration for modernisation of Pilsen railway junction, Czech Republic.The contract is worth CZK 1.7 billion, about SEK 550 M, which will be included in order bookings for Skanska Czech Republic for the first quarter of 2014.
The project includes rebuilding of part of the Pilsen Railway Station. Among other things new platforms and a new underpass will be constructed to improve access for passengers.
Construction will start in April 2014 and is due to be completed in March 2016.
Skanska Czech Republic, which is one of the country largest construction companies, had sales in 2013 of 4.1 billion SEK. The company has about 4,300 employees in the Czech Republic and Slovakia. Skanska in the Czech Republic is also active in the development of office buildings through Skanska Commercial Development Europe and residential development through Skanska Realty.
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.
Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2013 totaled SEK 136 billion.
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