28.01.2016 14:38:00

Skanska Expands Road in Eastern Poland for PLN 335 M, about SEK 750 M

Regulatory News:

Skanska (STO:SKAB) has signed a contract with General Directorate of Public Roads and Motorways in Poland for an expansion of National Road No 8. The contract is worth PLN 335 M, about SEK 750 M, and will be included in the order bookings for Skanska Poland for the first quarter of 2016.

The expansion refers to a 13 km stretch between Wyszków and the border of Podlaskie Voivodship. The contract includes construction of the express road, three road junctions, crossings and viaducts, as well as passages for animals.

The construction work will begin within 30 days and is expected to be completed in July 2018.

Skanska Poland, one of the largest construction companies in Poland, had sales of more than 10 billion SEK in 2014. The company today has about 7,750 employees. Skanska Commercial Development, Residential Development and Infrastructure Development are also active in Poland.

This and previous releases can also be found at www.skanska.com

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 60,000 employees in selected home markets in Europe and in the US. Skanska's sales in 2014 totaled SEK 145 billion.

This information was brought to you by Cision http://news.cision.com

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