Press release (regulatory)
Skanska rebuilds phase of E16 in Norway for NOK 735M, about SEK 730M
Skanska has signed a contract with the Norwegian Public Roads Administration for the rebuild of a phase of E16 in Norway. The contract is worth NOK 735M, about SEK 730M, which will be included in the order bookings for Skanska Norway for the second quarter 2016.
The project comprises construction of new road and widening of existing road to two fields, 8.5 meters wide, on an approximately 11-kilometer stretch between Bagn and Bjørgo. The project includes a 4.3 kilometer tunnel, a 150 meter long bridge, several smaller bridges, underpasses and a junction.
Construction will start in August 2016 and the project will be completed before December 2019.
Skanska Norway focuses on construction and civil engineering operations. The unit has approximately 4,000 employees. In 2015, Skanska Norway reported revenue of about SEK 12 billion. In Norway, Skanska is also active in development of residential, commercial properties and public private partnerships (PPP) projects.
For further information please contact:
Pål P Syse, Communications Director, Skanska Norway, tel +47 98 21 00 01
Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com
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