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Skanska Signs Contract to Construct Bus Depot in Sweden

Skanska has signed a contract with AB Storstockholms Lokaltrafik, SL, for constructing a new bus depot in Charlottendal, Gustavsberg, east of Stockholm in Sweden. The contract is worth SEK 375 M, which will be included in order bookings for Skanska Sverige the second quarter 2013.

The bus depot will be situated in Ekobacken 1, about two kilometers south of central Gustavsberg. It will be dimensioned for 140 buses and will, amongst other things, include a workshop, parking lots and offices.

Project work will start immediately and construction is planned for mid-January 2014. The facility is planned to be completed in the summer of 2016.

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 2012 amounted to approximately SEK 30 billion. In Sweden, Skanska is also active in the development of residential construction and commercial premises.

The information is such that Skanska AB is obligated to publish in accordance with the Swedish Securities Markets Act.

Today, 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, the US and Latin America. Skanska's sales in 2012 totalled SEK 132 billion.

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