Press release (regulatory)
Skanska acquires road construction company in Poland
Skanska Poland has today signed an agreement for 100 percent of the shares of the construction company PUDiZ with its subsidiary WMPD. PUDiZ Group is specialized in road construction and employs about 450 people. The revenue for 2010 was PLN 160 M, about SEK 350 M. The company is based in Olsztyn, in the Northeast of Poland.
“We are really pleased with this acquisition that helps Skanska enter a new geographical area of the Polish market. PUDiZ is a financially stable company with a full range of services for road projects that will enable us to strengthen our position as the general contractor for road construction in north-east Poland”, says Krzysztof Andrulewicz, President, Skanska Poland.
The acquisition has been approved by the competition authorities.
Skanska Poland, one of the largest construction companies inPoland, had sales of SEK 9 billion in 2010. The company has about 7,500 employees. Skanska Commercial Development and Skanska Infrastructure Development are also active inPoland.
For further information, please contact:
Małgorzata Dobosz, Communication Manager, SkanskaPoland, phone +48 22 561 30 66
Edvard Lind, Group Press Officer, Skanska AB, Tel: +46 (0)10-448 88 08
Direct line for media: +46 10 448 88 99
This and previous releases can also be found at www.skanska.com
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