CORRECTING & REPLACING Skanska Awarded Another Additional Order at Environmental Project in New York for USD 431 M, About SEK 2.7 Billion.STOCKHOLM, Sweden -- Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: SKANSKA AWARDED ANOTHER ADDITIONAL ORDER AT ENVIRONMENTAL PROJECT IN NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of FOR USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 431 M, ABOUT SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.7 BILLION Regulatory News: Skanska (STO:SKAB) was awarded a third order for upgrading of the Newtown Creek In New York City, Newtown Creek, approximately 3.5 miles in length, empties into the East River. It forms part of the boundary between Brooklyn and Queens. Its waterfront, and that of its tributaries English Kills, Dutch Kills, and Maspeth Creek, are heavily industrialized. wastewater treatment facility in New York. Skanska's share of the announced Newtown Creek contract is 72.5 percent of the total contract amount of USD 594 M, SEK 3.65 billion. Accordingly, USD 431 M, SEK 2.7 billion, will be included in the order bookings for the second quarter. The customer is the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Department of Environmental Protection. The project involves the south sections of the Newtown Creek Water Pollution Control Plant in Brooklyn. The project is the final phase of the major upgrade to meet federal and state environmental requirements. The project involves demolition of existing facilities and reconstruction of new units. This involves control buildings and a number of large concrete structures for water cleaning Water cleaning may refer to: Wastewater treatment
Purification
Work at the site will start this summer and be completed in 2012. The new project is Skanska's third in the upgrading of the Newtown Creek plant. Accordingly, the company's total contracts at the plant amount to USD 805 M. Skanska is currently engaged in seven expansions of water treatment facilities in the New York area and one in California. The company's largest US order to date is the Croton croton, in botany croton (krō`tən), any of several species of Codiaeum that are widely cultivated as ornamentals and houseplants. The most popular species is C. Water Filtration Plant in New York, in which Skanska's contract amounts to USD 1.04 billion. Skanska USA Civil is focused on the construction of traffic infrastructure and facilities for power, water and water treatment. The business unit has about 4,500 employees and operations in the eastern US, Colorado and California. Skanska USA Civil's revenues amounted to about SEK 10.8 billion in 2007. This and previous releases can also be found at www.skanska.com 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 construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 60,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. , Skanska's sales in 2007 totaled SEK 139 billion. This information was brought to you by Cision http://newsroom.cision.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion