Tag Archives: Skanska

Skanska Secures USD 120M Supplemental Award for Waterfront Facility Upgrade in Eastern USA

(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

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