SKBSY - Skanska builds highway in Norway for about NOK 3 billion about SEK 2.9 billion

PR Newswire

ÖSTERSUND, Sweden, Nov. 30, 2020

ÖSTERSUND, Sweden , Nov. 30, 2020 /PRNewswire/ -- Skanska has signed a contact with the Norwegian Public Roads Administration on building a motorway between Bærum and Hole municipality in Eastern Norway . The contract is worth about NOK 3 billion , about SEK 2.9 billion , will be included in the Nordic order bookings for the fourth quarter 2020.

The aim of the project is to replace today's winding and narrow road with a modern four-lane motorway, which will significantly improve safety and accessibility for travelers on what is an important exit and transport route in Eastern Norway .

After today's signing, the project will enter into the collaboration phase between Skanska with partners and the client, before starting the construction work in February 2021 . The work consists of four tunnels and eight bridges. The length of the road is 8.4 kilometers and in total 3 million cubic meters of different masses will be moved in the project.

To ensure enough protection of external environment aspects throughout the project, Skanska will certify E16 Bjørum - Skaret according to CEEQUAL, which is an internationally recognized certification standard for infrastructure.

Skanska is one of the leading development- and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden , Norway and Finland , and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark . Skanska had sales of about SEK 70 billion and more than 15,200 employees in its Nordic operations during 2019.

CONTACT:

For further information please contact:

Audun Lågøyr, Head of Communications, Skanska Norway, tel +47 93 45 25 31

Olof Rundgren , Media Relations Manager, Skanska AB, tel +46 (0)10 448 67 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com .

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-builds-highway-in-norway--for-about-nok-3-billion--about-sek-2-9-billion,c3246373

The following files are available for download:

SOURCE Skanska