Skanska Secures Construction Contract in London for SEK 1 Billion.STOCKHOLM, Sweden -- Skanska (STO:SKAB) has been contracted to construct a key commercial development at PaddingtonCentral in London for GBP GBP In currencies, this is the abbreviation for the British Pound. 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. 75 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. 1,020 M. The contract amount is included in order bookings for the second quarter. The customer is Development Securities PLC and the project is being funded by Morley Fund Management Morley Fund Management is a UK-based asset management company and is part of the Aviva group. It has global assets under management of over £156 billion,[1] including: DIFA Diploma in Investigative and Forensic Accounting DIFA Deutsche Immobilien Fonds Aktiengesellschaft (German) DIFA Dumb Intellectual Fat Ass Deutsche Immobilien Fonds AG. The project involves the construction of a twelve-story building comprising 32,500 square meters (gross external area). The main section is the ten upper floors of office space, designed around two central atriums to incorporate a core feature of six scenic passenger elevators. Work begins immediately and is scheduled for completion in January 2008. To undertake the project, Skanska UK has assembled an integrated team incorporating its building, steel decking, mechanical and electrical, ground engineering and ceiling expertise. "By combining key disciplines available to us from within Skanska UK, we have been able to offer the customer a unique solution," says David Fison, Chief Executive of Skanska UK. In recent years, Skanska has completed some of central London's most spectacular commercial projects. Such as Palestra, Moor House and Swiss Re's iconic 180-meter London office. Skanska UK reported revenues of SEK 10.7 billion in 2005, with 3,400 employees. The company is active in building construction and civil engineering as well as utilities and building services. Skanska is a leader in the UK program for public-private partnerships, PFI PFI Pay for Inclusion (web search engines) PFI Private Finance Initiative PFI Private Finance Initiative (UK) PFI Prison Fellowship International PFI Port Fuel Injection (engines) (Private Finance Initiative). This and previous releases can also be found at www.skanska.com 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 54,000 employees in selected home markets in Europe, in the US and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Sales in 2005 totaled 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. 17 billion. This information was brought to you by Waymaker http://www.waymaker.net |
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