Skanska to Begin Construction on E6 Highway in Southwest Sweden

Skanska will construct the last part of the E6 highway in the southwest Sweden. The client is Trafikverket (the Swedish Transport Administration) and the contract is worth SEK 453 M, which will be included in order bookings for Skanska Sweden for the first quarter 2013.

The E6 road is an important infrastructure link between the Öresund, Gothenburg and Oslo regions. The last part that Skanska will complete is 7.5 kilometers, between Pålen and Tanumshede on the Swedish west coast.

Construction work will start immediately, and the road will open for traffic in the summer 2015.

Skanska Sweden is one of Sweden’s largest construction companies, with operations in building and civil-engineering construction. The business unit has approximately 10,000 employees and revenue in 2011 amounted to approximately SEK 27 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.

Throughout 125 years, Skanska has been a modern and innovative developer and contractor, building what society needs. Today, 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 53,000 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 2011 totaled SEK 123 billion.

Source: http://www.skanska.com/

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