Skanska Inks Construction Contract for Helicopter Hangar and Administration Building in Sweden

Skanska has signed an agreement with the Swedish Fortifications Agency to build a combined helicopter hangar and administration building at the wing F17 in Kallinge, Sweden. This contract is worth SEK 310 M, which will be included in order bookings for Skanska Sweden in the second quarter of 2015.

The assignment includes construction of a hangar for 17 helicopters. The hangar, which also includes space for administration, will have a gross area of more than 21,000 square meters.

Construction start is planned for July 2015 and the hangar will open before the summer of 2017.

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 2014 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 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 60,000 employees in selected home markets in Europe and in the US. Skanska's sales in 2014 totaled SEK 145 billion.

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

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