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home / news releases / SKBSY - Skanska secures additional contract to expand airport in Portland Oregon USA for $422M

SKBSY - Skanska secures additional contract to expand airport in Portland Oregon USA for $422M

Skanska AB ADR
  • Skanska ( OTCPK:SKSBF ) and its joint venture partner, Hoffman Construction Company, signed a contract amendment with the Port of Portland for improvements to the Portland International Airport in Portland, Oregon, USA.
  • Skanska's share of the contract amendment is worth USD 422M, about SEK 4.1 billion, which will be included in the US order bookings for the third quarter 2022.
  • The amendment includes work on the Terminal Core Expansion project, comprising interior and exterior finishes.
  • Construction is underway and completion is scheduled for 2025.

For further details see:

Skanska secures additional contract to expand airport in Portland, Oregon, USA for $422M
Stock Information
Company Name: Skanska AB ADR
Stock Symbol: SKBSY
Market: OTC
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