SKBSY - Skanska improves subway stations in New York USA for USD 150M about SEK 1.5B

PR Newswire

STOCKHOLM , Oct. 11, 2022 /PRNewswire/ -- Skanska and its joint venture partner, Railroad Construction Company, signed a contract with the Metropolitan Transportation Authority to make improvements on subway stations in New York, New York , USA. Skanska's share of the contract is worth USD 150M , about SEK 1.5B , which will be included in the US order bookings for the third quarter 2022.

Skanska will make improvements on the Flushing Line, including repair improvements at the 61st Street-Woodside station, replacement of existing escalators at the 61st Street-Woodside station and the 74th Street Broadway station and additional repairs between 48th Street and 72nd Street in Queens .

Work began September 2022 and expected completion is May 2025 .

For further information please contact:

Maritza Ferreira , VP Communications, Skanska USA , tel +1 (678) 492 2003

Jacob Birkeland , Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0)10 449 19 57

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-improves-subway-stations-in-new-york--usa--for-usd-150m--about-sek-1-5b,c3645831

The following files are available for download:

SOURCE Skanska