Skanska to build image and intervention center at Sahlgrenska University Hospital in Sweden for SEK 399 M

Regulatory News:

Skanska (STO:SKAB) has been awarded a contract for building the image and invention center at Sahlgrenska University Hospital in Gothenburg, Sweden. The client is Västfastigheter. The contract comprises construction and conversion of a total area of about 22,000 square meters. The contract value is SEK 399 M, which will be included in order bookings for Skanska Sweden in the first quarter 2013.

The image and intervention center will comprise functions and medical activities using advanced methods for image diagnostics and for treatment.

Skanska has been active at the hospital since 2011 with excavation, foundation-laying and frame works, among other things. The current assignment will be the second phase, out of three, in developing the hospital. In the assignment, Skanska will make additional framework, installation and connection to the adjacent building.

Work is set to start in the beginning of 2014 and is scheduled to conclude late 2015.

Skanska Sweden is one of Sweden’s largest construction companies, with operations in building and civil-engineering construction. The business unit has approximately 11,000 employees and revenue in 2012 amounted to approximately SEK 30 billion. In Sweden, Skanska is also active in the development of residential construction and commercial premises.

The information is such that Skanska AB is obligated to publish in accordance with the Swedish Securities Markets Act.

Today, Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnership projects. Based on its global green experience, Skanska aims to be the client’s first choice for green solutions. The group currently has 57,000 employees in selected home markets in Europe, the US and Latin America. Skanska's sales in 2012 totalled SEK 132 billion.

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