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Peab Signs Construction Contract for Healthcare Buildings in Ängelholm

Region Skåne procured 2011-05-20 Peab as contractor with a contract to build healthcare buildings in Ängelholm where Hälsostaden Ängelholm AB's clients. The parties have now signed an agreement for the construction of the above, a total of 435 SEK million.

The contract covers ca. 11,000 sqm new construction with health care facilities, rehabilitation facilities and offices as well as ca 5,000 sqm redevelopment of existing health care facilities, clinics and offices.

- This is an important development for health care in Ängelholm and we look forward to a long-term cooperation with Hälsostaden Ängelholm AB, says Bratislav Marjanovic, Regional Manager at Peab.

The project is a turnkey contract in collaboration. The work will begin immediately and is scheduled for completion in spring 2018.

The project will be reported in the first quarter of 2015.

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 30 January 2015 at 01.00 pm.

Previous press releases from Peab are available at www.peab.se

Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 40 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.

This information was brought to you by Cision http://news.cision.com

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