Skanska Builds Research and Education Facility for Hospital in Florida, USA, for USD 63M, about SEK 530M

ÖSTERSUND, Sweden--()--Regulatory News:

Skanska (STO:SKAB) has signed a contract with Johns Hopkins Medicine All Children’s Hospital to build a research and education facility on the hospitals campus in Florida, USA. The contract is worth USD 63M, about SEK 530M, which will be included in the order bookings for Skanska USA Building in the first quarter 2016.

The 21,000 square meter facility will consist of research and laboratory spaces, an educational space that will have an auditorium with 400 seats, collaboration space, office/administration space and a biorepository.

Skanska began construction in March 2016. The project is slated for completion in March 2018. 

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 10,000 employees and its 2015 revenues were SEK 54.5 billion.

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 premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 43,100 employees in selected home markets in Europe and North America. Skanska's sales in 2015 totaled SEK 155 billion.

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

Contacts

Skanska USA
Pamela Monastra, +1-404-946-7533
Senior Director Communications
or
Skanska AB
Andreas Joons, +46 (0)10-449-04-94
Press Officer
or
Direct line for media, +46 (0)10-448-88-99

Contacts

Skanska USA
Pamela Monastra, +1-404-946-7533
Senior Director Communications
or
Skanska AB
Andreas Joons, +46 (0)10-449-04-94
Press Officer
or
Direct line for media, +46 (0)10-448-88-99