Tag Archives: Skanska

Skanska to Construct Sustainable Residential and Commercial Complex in Gothenburg’s Masthuggskajen

(IN BRIEF) Skanska has entered into an agreement with Elof Hansson Fastigheter and Riksbyggen to develop a new residential block and commercial premises at Masthuggskajen in Gothenburg, Sweden, with a contract valued at approximately SEK 340 million. The project encompasses … Read the full press release

Skanska and Obos Invest NOK 1.1 Billion in Sustainable Residential Block in Fornebu, Norway

(IN BRIEF) Skanska, in partnership with Obos, announces a NOK 1.1 billion investment in a new residential block in Fornebu, Norway, with Skanska’s share amounting to NOK 555 million. The construction contract, valued at NOK 533 million, will be executed … Read the full press release

Skanska Commits PLN 126M to Eco-Friendly Residential Project ‘Stilla’ in Warsaw

(IN BRIEF) Skanska, a leading construction company, is investing PLN 126 million in the development of the residential project “Stilla” in Warsaw, Poland. The project comprises two adjacent buildings with a total of 179 apartments, featuring innovative eco-friendly solutions aimed … Read the full press release

Skanska Secures Major Contract for LaGuardia Airport Infrastructure Upgrade

(IN BRIEF) Skanska has secured a contract with LGAFUEL LLC for the construction of the LaGuardia Airport Jet Fuel Transmission Systems project in Queens, New York, USA. Valued at USD 113 million (about SEK 1.2 billion), the project involves the … Read the full press release

Skanska Hosts CEO Alliance Meeting for Accelerating Europe’s Climate Transition

(IN BRIEF) On February 1, 2024, Skanska organized the CEO Alliance meeting at the European Spallation Source (ESS) in Lund, Sweden, where CEOs of member companies from various industries convened to discuss collaborative strategies for sustainable business development and innovation. … Read the full press release

NIB and Skanska Forge Path to Carbon Reduction with $75 Million Loan Deal

(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release

Skanska to Renovate and Expand DNB Livsforsikring’s Office Building in Trondheim for NOK 673M

(IN BRIEF) Skanska has secured a contract worth NOK 673 million (approximately SEK 660 million) from DNB Livsforsikring AS, via its subsidiary Trondheim Torg AS, for the renovation and expansion of an existing commercial office building in Trondheim, Norway. This … Read the full press release

Skanska Commits SEK 2 Billion Investment to Lindhagen’s Olivin Office Building

(IN BRIEF) Skanska is set to invest SEK 2 billion in Olivin, an office building that marks the initial phase of development in the Lindhagen neighborhood. This substantial investment also includes a construction contract valued at approximately SEK 1 billion, … Read the full press release

Skanska Secures $81 Million Contract for Renovation of Historic War Memorial Building in Nashville

(IN BRIEF) Skanska has entered into a contract with the State of Tennessee for the extensive renovation of the iconic War Memorial Building in Nashville, Tennessee, USA. Valued at USD 81 million (approximately SEK 860 million), this project will be … Read the full press release

Skanska Invests CZK 1 Billion in Eco-Friendly Residential Project in Prague

(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release

Skanska’s Joint Venture Awarded Additional GBP 71 Million for HS2 High-Speed Railway Project in the UK

(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been granted an additional GBP 71 million (approximately SEK 940 million) under their existing contract with HS2 Ltd for phase one of the high-speed railway project in … Read the full press release

Skanska Secures $106M Contract to Construct North Carolina State University’s State-of-the-Art Integrative Sciences Building

(IN BRIEF) Skanska, a leading construction company, has announced a new contract agreement with North Carolina State University for the construction of a cutting-edge integrative sciences building in Raleigh, North Carolina, USA. This project, valued at USD 106 million (approximately … Read the full press release

Skanska and Syltern JV Awarded NOK 1.3 Billion Contract for E6 Highway in Norway

(IN BRIEF) Skanska, in collaboration with Syltern, has secured a contract with Nye Veier to construct the new E6 highway segment between Berkåk and Vindåsliene in Trøndelag County, Norway. Skanska’s portion of the contract is valued at NOK 1.3 billion, … Read the full press release

Skanska Affirms Financial Targets at Capital Markets Day in London

(IN BRIEF) Skanska, a construction and development company, reaffirmed its existing financial targets during its Capital Markets Day in London. The Group President and CEO, Anders Danielsson, provided an update on the business strategy and commercial direction moving forward. Skanska … Read the full press release

Skanska Secures $98 Million Contract for Mercy Health Lourdes Hospital Tower Renovation

(IN BRIEF) Skanska has entered into a $98 million contract with Bon Secours Mercy Health for the renovation of the Mercy Health Lourdes Hospital Tower in Paducah, Kentucky, USA. The project entails the modernization and refurbishment of the Hospital Tower, … Read the full press release

Skanska Wins $100 Million Contract to Build STEM Building for Texas State University

(IN BRIEF) Skanska has secured a contract valued at $100 million from the Texas State University System to construct a new STEM (Science, Technology, Engineering, and Math) building on the San Marcos campus in Texas, USA. The eight-story, 14,500 square-meter … Read the full press release

Skanska Invests EUR 100 Million in Sustainable Office Complex in Warsaw’s Thriving District

(IN BRIEF) Skanska is investing EUR 100 million in the second phase of the Studio office complex in Warsaw, Poland. The 27-storey building, known as Studio A, will offer around 26,600 square meters of leasable space and is situated in … Read the full press release

Skanska Updates Green Bond Framework to Align with EU Taxonomy and Climate Targets

(IN BRIEF) Skanska, a construction and development company, has updated its Green Bond Framework to incorporate criteria from the EU Taxonomy for sustainable activities and expand its scope to cover additional categories. The framework, which aligns with the 2021 ICMA … Read the full press release

Skanska Secures £158 Million Contract with Telehouse for London Data Centre Project

(IN BRIEF) Skanska, a construction and development company, has announced a GBP 158 million contract with Telehouse for a data center project in Docklands, London, UK. The project encompasses mechanical and electrical fit-outs for two floors, additional plant and infrastructure … Read the full press release

Skanska Secures $85 Million Contract for Ambulatory Care Cancer Center in New Jersey

(IN BRIEF) Skanska has entered into an additional contract with RWJBarnabas Health to construct a new ambulatory care cancer center in Livingston, New Jersey, USA. The contract, valued at USD 85 million (approximately SEK 900 million), will be part of … Read the full press release

Skanska to Construct Innovative Wooden-Framed Hospital Building in Karlstad, Sweden

(IN BRIEF) Skanska has entered into an agreement with Region Värmland to construct a groundbreaking new reception building at the Central Hospital, CSK, located in Karlstad, Sweden. Valued at approximately SEK 740 million, this contract will be recorded as part … Read the full press release

Skanska Secures $834M Contract for I-405 Corridor Expansion Project in Washington

(IN BRIEF) Skanska has entered into a contract with the Washington State Department of Transportation (WSDOT) to enhance and operationalize a 7.2-kilometer stretch of the I-405 corridor in Bothell, Washington. The contract is valued at USD 834 million (SEK 8.8 … Read the full press release

Skanska to Construct Ambitious and Climate-Friendly Care Home in Bergen, Norway, Valued at SEK 550 Million

(IN BRIEF) Skanska has entered into an agreement with the Municipality of Bergen in Norway to construct the Midtbygda care home. The contract is valued at approximately NOK 548 million (about SEK 550 million) and will be part of Skanska’s … Read the full press release

Skanska Awarded $215M Contract to Build Biomanufacturing Facility for Seagen in Washington, USA

(IN BRIEF) Skanska has secured a contract with Seagen to build a 25,000 square meter biomanufacturing facility in Everett, Washington, USA. The facility will encompass manufacturing, storage, shipping, office, and café spaces. The contract is valued at USD 215 million … Read the full press release

Skanska Awarded $70M Contract to Redevelop Historic Clayton University Center at Lehigh University

(IN BRIEF) Skanska has secured a contract with Lehigh University to redevelop the Clayton University Center on its campus in Pennsylvania, USA, at a cost of USD 70 million (SEK 730 million). The renovation project involves upgrading various utilities, installing … Read the full press release

Skanska Secures USD 91M Contract Amendment for OHSU Hospital Expansion Project in Portland

(IN BRIEF) Skanska, a construction company, has announced a contract amendment with Oregon Health & Science University (OHSU) for its Hospital Expansion Project in Portland, USA. The contract amendment is valued at USD 91 million and includes various construction activities … Read the full press release

Skanska Secures $67M Contract Amendment to Construct Data Center in Arizona

(IN BRIEF) Skanska, a renowned construction company, has announced the signing of a contract amendment with an existing client for the construction of a data center in Arizona, USA. The contract, valued at USD 67 million, will be included in … Read the full press release

Skanska Awarded $109M Contract to Build Hospital in Lakeland, Florida

(IN BRIEF) Skanska, a leading construction company, has secured a contract to construct a new hospital in Lakeland, Florida, USA. The contract, valued at USD 109 million, will be included in the company’s second-quarter order bookings for 2023 in the … Read the full press release

Skanska and Black & Veatch Secure GBP 153M Contract for US Air Force Facility at RAF Molesworth

(IN BRIEF) Skanska, in partnership with Black & Veatch, has secured a contract worth GBP 153 million for the design and construction of a new facility at RAF Molesworth in Cambridgeshire, UK. The contract, awarded by the Defence Infrastructure Organisation … Read the full press release

Skanska progresses on HS2 with additional GBP 103M contract extension

(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been awarded an additional GBP 103M, approximately SEK 1.3 billion, for their work on phase one of the UK’s new high-speed railway, HS2. The award is in … Read the full press release

Norway’s Ytre Steinsund Bridge Project Awarded to Skanska

(IN BRIEF) Skanska has been awarded a contract worth NOK 800M (SEK 800M) by Vestland County to build the new Ytre Steinsund bridge in Solund municipality, Norway. The bridge will be 811 meters long, situated 50 meters above sea level, … Read the full press release

Major Contract Win: Skanska to Construct New E18 Highway in Norway for NOK 4.6 Billion

(IN BRIEF) Construction company Skanska has been awarded a contract worth NOK 4.6 billion by the Norwegian Road Authority (NPRA) to build the new E18 highway between Fornebukrysset and Strand near Oslo, Norway. The project includes the construction of a … Read the full press release

Skanska to reduce congestion on California’s State Route 57/60 with $267M contract

(IN BRIEF) Skanska has signed a contract worth USD 267M with the San Gabriel Valley Council of Governments to make improvements to the California State Route 57/60 interchange, which is part of the State Route 57/60 confluence running through Diamond … Read the full press release

Skanska UK announces new President following retirement of Gregor Craig

(IN BRIEF) Skanska has announced the appointment of Katy Dowding as the new Business Unit President for Skanska UK, taking up her position from May 2, 2023. Dowding has been with the company for over 20 years, holding a variety … Read the full press release

Skanska’s sustainable and WELL-certified office building in Karlskrona sold to Vacse

(IN BRIEF) Skanska has sold an office building under construction in Karlskrona, Sweden to Vacse for about SEK 250M. The 5,000 square meter office building will mainly house the National Board of Housing, Building, and Planning’s new headquarters, and will … Read the full press release

Campus Ullevål research center construction to begin in April 2023 by Skanska

(IN BRIEF) Construction company Skanska has won a contract to build a research centre in Oslo called Campus Ullevål, which will focus on climate, energy, environment, and engineering-related geosciences. The project, worth NOK 1.0 billion (around SEK 1.0 billion), will … Read the full press release

Skanska Norway’s new Business Unit President brings 20 years of industry experience

(IN BRIEF) Skanska has announced the appointment of Stein Ivar Hellestad as the new Business Unit President for Skanska Norway. Hellestad, who has been with Skanska Norway for over 13 years and has served as the Chief Financial Officer for … Read the full press release

Skanska divests Borås district court building to Vacse for SEK 320M

(IN BRIEF) Skanska has divested a new district court building in Borås, Sweden, to Vacse for SEK 320m. Skanska and Vacse jointly developed the property, which features 13 courtrooms across five floors and is expected to be environmentally certified according … Read the full press release

Skanska to construct Solitude buttress project for BHP Copper

(IN BRIEF) Skanska has won a contract worth USD 60M to construct the Solitude buttress main civil works project at the Solitude Closure Tailings site in Arizona, USA. The project aims to improve the stabilization of a historic tailings embankment … Read the full press release

Skanska Awarded Contract by Norwegian Road Authority for Motorway Construction

(IN BRIEF) Construction company Skanska has secured a contract worth NOK 378m (about SEK 390m) from the Norwegian Road Authority (NPRA) to build a new four-lane motorway and footpath and cycleways in Rogaland County, Norway. The project, which includes the … Read the full press release