Skanska awarded building contract for USD 170 M, about SEK 1.1 billion

Skanska has signed a contract worth USD 170 M, about SEK 1.1 billion, for a confidential client. The order will be included in the order bookings for Skanska USA Building in the fourth quarter 2011. The project is in the western United States and work will begin immediately.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 7,400 employees and its 2010 revenues were SEK 34.3 billion.