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Skanska Secures Two Expressway Assignments in Norway Worth a Total of SEK 780 Million.


STOCKHOLM, Sweden -- Skanska (STO:SKAB) has secured two contracts to upgrade sections of the E18 highway at Sandefjord in southern Norway to expressway standard. The contracts are worth NOK NOK

In currencies, this is the abbreviation for the Norwegian Krone.

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.
 455 million, approximately 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.
 520 million, and NOK 225 million, approximately SEK 260 million, respectively. Both of the order amounts will be included in order bookings for the fourth quarter. The client is Statens Vegvesen, the Norwegian Road Administration.

The larger assignment is for the construction of a 6.5-kilometer four-lane section of expressway on the E18 between Sandefjord and Larvik, about 100 kilometers south of Oslo. The project includes six bridges, a small rock tunnel and 2.7 kilometers of connecting roads. Work will commence immediately and is scheduled for completion in July 2009.

The second project on the E18 is for the construction of a 1.6-kilometer section of expressway, three bridges Coordinates:

Three Bridges is a neighbourhood within the town of Crawley, in the county of West Sussex in England. History
 and 1.4 kilometers of connecting roads.

Skanska Norway focuses on construction and civil engineering operations. The unit has approximately 4,400 employees, and had revenues totaling about SEK 10.5 billion in 2005. In Norway, Skanska is also active in the development of residential projects and in Public Private Partnership (PPP (Point-to-Point Protocol) The most popular method for transporting IP packets over a serial link between the user and the ISP. Developed in 1994 by the IETF and superseding the SLIP protocol, PPP establishes the session between the user's computer and the ISP using ) projects.

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. 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 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.

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Publication:Business Wire
Date:Dec 21, 2006
Words:280
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