FÖRSLÖV, Sweden--(BUSINESS WIRE)--Regulatory News:
Peab (STO:PEABB) has been contracted to carry out the expansion of Möckeln high school in Karlskoga. The client is Karlskoga Municipality and the contract amounts to SEK 185 million. The school is part of the new joint high school in Karlskoga and Degerfors. Work will begin in March 2011 and is scheduled for completion in December 2012.
Peab will also perform a conversion and extension of Råtorp Schoolarea in Karlstad. Client is the municipality of Karlstad and the contract amounts to approximately SEK 70 million. This mission will be completed in June 2013.
Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
The information was submitted for publication at 9 a.m. on 9 March 2011.
Previous press releases from Peab are available at www.peab.com (http://www.peab.com/)
Peab is one of the leading construction and civil engineering companies in the Nordic countries with approximately 14,000 employees and a net sale amounting to around SEK 38 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.
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