(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has received an additional GBP 50 million from HS2 Ltd for phase one of the UK’s high-speed railway project. This brings the total contract value to GBP 1.425 … Read the full press release
(IN BRIEF) Skanska has secured a substantial 12-year lease with Boston Consulting Group (BCG) for office space in Houston’s 1550 on the Green building, filling 48% of the tower. This follows a previous lease with Norton Rose Fulbright. The building, … Read the full press release
(IN BRIEF) Skanska has sold the Hørkær Have multi-family rental project in Herlev, Denmark, to NREP for DKK 737 million. The project, spanning 22,720 square meters, will feature 264 rental apartments with associated parking spaces, all equipped for electric car … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Denmark, Hørkær Have Project, partnership, Skanska, sustainability
(IN BRIEF) Skanska has entered into an initial contract with Virginia Tech to embark on the construction of a cutting-edge College of Engineering in Virginia, USA, marking a significant milestone for the university’s infrastructure development. Valued at USD 53 million, … Read the full press release
(IN BRIEF) Skanska has finalized a $612 million contract with SBMT Asset, LLC for the upgrade of the South Brooklyn Marine Terminal in New York, USA. The project aims to transform the terminal into one of the largest offshore wind … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged partnership, SBMT Asset, Skanska, South Brooklyn Marine Terminal, sustainability, upgrade, USA
(IN BRIEF) Skanska has secured a significant contract worth USD 1.4 billion from the Washington State Department of Transportation to replace the Portage Bay Bridge in Seattle, Washington, USA. The project aims to enhance seismic resiliency by replacing the existing … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged partnership, Portage Bay Bridge, Skanska, sustainability, USA
(IN BRIEF) Skanska announces a contract amendment worth USD 211 million with Beaverton School District for the Beaverton High School Rebuild Project in Oregon, USA. The project involves constructing a new three-story high school building spanning approximately 28,000 square meters … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Beaverton High School, partnership, Rebuild Project, Skanska, sustainability, USA
(IN BRIEF) Skanska Residential Development Poland is investing PLN 113M in the fifth and final stage of the Park Scandinavia estate in Warsaw’s Gocław district, featuring two seven-story buildings with 198 apartments. Embracing eco-friendly solutions, the project integrates a smart … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Sweden
Tagged investment, Park Scandinavia Estate, partnership, Poland, Skanska, sustainability, Warsaw
(IN BRIEF) Skanska, a leading construction company, announces a supplemental award worth USD 120 million for preconstruction work and early commitments toward upgrading a waterfront facility in Eastern USA. This award, equivalent to approximately SEK 1.2 billion, will contribute to … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Eastern USA, partnership, Skanska, sustainability, Waterfront Facility
(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
(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
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Fornebu, Norway, OBOS, partnership, Residential Block, Skanska, sustainability
(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
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Sweden
Tagged 'Stilla', eco-friendly, partnership, residential project, Skanska, sustainability, Warsaw
(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
(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
Posted in Business, Construction, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Sweden
Tagged AAB, Anders Danielsson, CEO Alliance Meeting, climate transition, E.ON, Enel, Ericsson, Europe, Iberdrola, Scania, Schneider Electric, Skanska, sustainability, Volkswagen
(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
Posted in Banks, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged André Küüsvek, climate targets, construction, Key Performance Indicators, KPI, loan, NIB, reducing CO2 emissions, Skanska, Skanska Financial Services AB, sustainability-linked loan, The Nordic Investment Bank
(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
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Real Estate, Sweden
Tagged DNB Livsforsikring, Norway, office building, partnership, Skanska, sustainabilty, Trondheim
(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
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged Financial, investment, Lindhagen, Olivin Office Building, partnership, Skanska, sustainability
(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
(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
Posted in Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged eco-friendly, investment, partnership, Prague, residential project, Skanska
(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
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