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How Sweden became an innovation frontrunner

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Skanska: Skanska awarded contract to construct high school in Oregon for USD 61.8 M, about SEK 430 M

Press release published at The Swedish Wire
Skanska has secured an assignment to construct a high school in Oregon, in the US. The contract amounts to USD 61.8 M, about SEK 430 M, which is included in order bookings for the fourth quarter. The customer is Redmond School District, Beaverton, in Oregon.

The contract pertains to a 25,000-square-meter school building, which will contain 32 classrooms, 17 labs, student collaboration areas, and theatrical and athletics facilities.

The school building will be designed to meet the requirements for Gold-Level Certification in accordance with the LEED® international environmental classification system (Leadership in Energy and Design). For example, solar panels will help provide power to the school.

The school will accommodate 1,400 students and will be completed in time for the 2012 autumn term.

Skanska USA Building is a leading national and local provider of construction, pre-construction consulting, general contracting and design-build services. The company also provides validation services to clients in the pharmaceutical industry. Clients represent a broad range of U.S. industries, including science and technology, healthcare, education, high-tech, aviation, transportation and sports and entertainment. The business unit is headquartered in Parsippany, New Jersey and has approximately 3,500 employees. Sales in 2008 amounted to about SEK 30.3 billion.

For further information, contact:

Nicole Didda, Vice President Communications, Skanska USA,
tel +1 917 438 4596
Pelle Berg, Press Officer, Skanska, tel +46 10 448 88 28
Direct line for media: +46 10 448 88 99

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 project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 55,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2008 totaled SEK 144 billion.
This information was distributed by Cision

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