Peab to Build New Health Care Facilities in Malmö

FÖRSLÖV, Sweden--()--Regulatory News:

Peab (STO:PEABB) has been commissioned to build new nursing and clinic areas within the hospital campus in Malmö. The client is Region Skåne and the contract amounts to approximately SEK 338 million.

The assignment includes Building 95 of about 9,000 square meters and Building 96 of about 6,000 sqm. Both buildings are constructed with a permanent planning permission and will serve as substitute premises during the time that the hospital campus in Malmö is rebuilt and added on.

- This is an important project for health care in Malmö and we are looking forward to be part of and contribute to the conditions for the modernization of the hospital campus in Malmö, says Bratislav Marjanovic, Regional Manager Peab.

The project is a turnkey contract. Work will begin immediately and is scheduled for completion in late 2016.

The project will be reported in the first quarter of 2015.

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 11 February 2015 at 10.00 am.

Previous press releases from Peab are available at www.peab.se.

Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 40 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.

This information was brought to you by Cision http://news.cision.com

Contacts

Peab
Bratislav Marjanovic
Regional Manager
+46 733 37 43 02
or
Niclas Brantingson, CIO
+46 733 37 20 06

Contacts

Peab
Bratislav Marjanovic
Regional Manager
+46 733 37 43 02
or
Niclas Brantingson, CIO
+46 733 37 20 06