Skanska to update railway in Prague for SEK 420 M

Skanska has been contracted to upgrade a railway section for high-speed trains in Prague. The contract amounts to CZK 2 billion, about SEK 654 M. Skanska’s share of the project is 64 percent, corresponding to about SEK 420 M. The order amount is included in order bookings for the third quarter. The customer is the national rail authority. The project is being financed through the government fund for the transportation infrastructure.