Skanska awarded facilities management contract in the UK worth GBP 196 M, about SEK 2.3 billion

12/4/2018 8:30 AM CET
Press release

Skanska UK has been awarded a contract by Eastbury Park Limited to provide facilities management services to the Ministry of Defence at Northwood HQ in Hertfordshire. The contract is worth GBP 196 M, about SEK 2.3 billion over a 13-year period. The two-year order value, booked in quarter four 2018, is GBP 47 M, about SEK 550 M.

Under a private finance initiative, Skanska UK will deliver all non-military support activities on the site until 2031.

Skanska is one of the leading development and construction companies in Europe. Outside the Nordics the company has European operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and UK. Skanska develops commercial properties in select home markets in Poland, Czech Republic, Romania and Hungary, while the residential development is active in Prague and Warsaw. Skanska also offers services in public private partnerships. In 2017, Skanska had sales of SEK 37 billion and about 16,000 employees in its European operations.