Skanska signs USD 150M contract to renovate and expand Riverside Community Hospital in Riverside, California, USA

New York, 16-9-2014 — /EuropaWire/ — Skanska has signed a contract to renovate and expand Riverside Community Hospital in Riverside, California, USA. The contract value is USD 150 M, about SEK 990 M, which will be included in order bookings for Skanska USA Building for the third quarter of 2014.

The project includes a seven-story, 27,000-square meter new tower. The renovation portion of the project consists of 2,800 square meters in the existing facility.

Construction has started and will conclude in February 2016.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5 billion.

Contact information
Contact: Edvard Lind, Head of Media Relations
Telephone: +46 10 448 88 08
E-mail: Edvard Lind

Contact: Jay Weisberger, Director, Communications West
Company: Skanska USA Building
Telephone: +1 206 494 5469
E-mail: Jay Weisberger

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 57,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska’s sales in 2013 totaled SEK 136 billion.