Skanska to build highway in Czech Republic worth SEK 1.7 billion – Skanska’s share is SEK 690 M
Skanska has secured an order for the construction of a highway in the Czech Republic. The total order is worth SEK 1.7 billion (CZK 6 billion), of which Skanska’s 40-percent participation corresponds to SEK 690 M.
May 25, 2004
Skanska to build highway in Czech Republic worth SEK 1.7 billion - Skanska's share is SEK 690 M
Skanska has secured an order for the construction of a highway in the Czech Republic. The total order is worth SEK 1.7 billion (CZK 6 billion), of which Skanska's 40-percent participation corresponds to SEK 690 M.
The value of this contract will be included in order bookings during the second quarter of 2004. The customer is Reditelství silnic a dálnic CR, the Czech Republic's National Road Administration.
The assignment involves construction of an 11.7-kilometer-long section of the D47 highway between Bilovec and Ostrava, in the eastern part of the Czech Republic, at the border to Poland. The project includes a one-kilometer-long tunnel, ten bridges and six viaducts, in addition to approach roads, landscaping work, two wildlife crossings and all installations. Construction will commence in August and the project is scheduled for completion in April 2008.
Skanska owns 40 percent of the consortium commissioned for the assignment, which also includes Strabag, Metrostav and Subterra.
Skanska CZ, which is the Czech Republic's largest construction company, has 6,400 employees and had total sales of slightly more than SEK 7.6 billion in 2003. The company's major projects in progress include an extension of the metro system in Prague, expansion of the capital city's international airport and construction of the Centrum Chodov shopping center in Prague.
For further information please contact:
Ondrej Such, Press Officer, Skanska CZ,
tel +420 267 095 444
Peter Gimbe, Press Officer, Skanska AB,
tel +46 8 753 88 38