FÖRSLÖV, Sweden--(BUSINESS WIRE)--Regulatory News:
Peab (STO:PEABB) has received orders to be responsible for operation and maintenance of public roads in Värmland and Dalsland. The customer is National Transport Administration and the total contract amounts to SEK 247 million.
The mission of Värmland covers about 800 kilometers and in Dalsland about 1500 kilometers. The contract runs from September 1, 2012 and will run for four years, and there is an option for another two years.
'We are delighted that we have this confidence from the Transport Administration. It includes behind our role as Community Builder also be involved in traffic maintenance and safety', says Tore Nilsson, business area manager Peab.
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 12 am on 29 March 2012.
Peab is the Nordic Community Builder with 15,000 employees and a net sale exceeding SEK 40 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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