Skanska to Develop and Construct Supermarket and Sports Hall in Stockholm, Sweden, for SEK 330 M

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

Skanska (STO:SKAB) has signed a contract to construct a supermarket for ICA Maxi and a sports hall for Huddinge municipality in Stockholm, Sweden. The contract is worth SEK 330 M, which is included in order bookings for Skanska Sweden for the fourth quarter of 2014.

The supermarket will consist of one floor with a gross area of 8,000 square meters. The sports hall is built on top of the supermarket in three stories with a total gross area of 6,000 square meters.

The area, Flemingsbergsdalen, will be developed in phases. Work on the infrastructure in the area has already begun. The first phase includes the now contracted supermarket and sports hall and a rental housing project for 184 apartments sold to Heba, as previously announced.

The building is scheduled for completion at the turn of the year 2016/17.

Skanska Sweden is one of Sweden’s largest construction companies, with operations in building and civil-engineering construction. The business unit has approximately 11,000 employees and revenue in 2013 amounted to approximately SEK 30 billion. In Sweden, Skanska is also active in the development of residential construction and commercial premises.

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 and the US. Skanska's sales in 2013 totaled SEK 136 billion.

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

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Contacts

Skanska Sverige AB
Patrik Lindqvist
Business developer
tel +46 (0)10-448 39 97
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 (0)10 448 88 08
or
Direct line for media, tel +46 (0)10 448 88 99

Contacts

Skanska Sverige AB
Patrik Lindqvist
Business developer
tel +46 (0)10-448 39 97
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 (0)10 448 88 08
or
Direct line for media, tel +46 (0)10 448 88 99