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Skanska to rehabilitate roadway in the Northeast United States for USD 114 M, about SEK 1.1 billion

7/12/2019 7:30 AM CET
Press release

Skanska has signed a contract to rehabilitate a roadway in the Northeast United States. This contract is worth USD 114 M, about SEK 1.1 billion, which will be included in US order bookings for the second quarter of 2019.

Under this contract, Skanska will replace and restore sections of the highway. Construction is underway and is scheduled for completion in the second quarter of 2022.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion and about 9,000 employees in its operations in 2018.