Skanska to construct road and bridges in Hedmark, Norway, for SEK 390 M
Skanska has received the construction contract for a four lane road and two bridges in the municipality of Kongsvinger, Norway. The contract value amounts to NOK 337 M, about SEK 390 M, which will be included in order bookings for the fourth quarter. Customer is Statens vegvesen, the Norwegian Public Roads Administration.
The project covers construction of a new four lane road along Highway 2, between Fulu and Gulli on the stretch Slomarka-Kongsvinger in Hedmark. The project also includes construction of the Fulu bridge and the Gulli bridge, and diversion of local roads. The project is expected to be completed in September 2014
Skanska Norway focuses on construction and civil engineering operations. The unit has approximately 4,200 employees. In 2010, Skanska Norway reported revenue of about SEK 11 billion. In Norway, Skanska is also active in the development of residential, commercial properties and public private partnerships (PPP) projects.