STOCKHOLM, Sweden, Jan. 30, 2004 (PRIMEZONE) -- Skanska has been contracted for earth works and building construction work in conjunction with Stora Enso's construction of a new paper machine (KP-M Project) at Kvarnsveden, Borlange, Sweden.
The assignment is valued at about SEK 600 M and is included in Skanska's order bookings for the first quarter of 2004. In selecting a contractor, Stora Enso has taken many factors into consideration and found that Skanska offered the best alternative.
The project involves Skanska constructing a hall for the new paper machine, which will be the largest of its type in the world, rebuilding the existing premises and carrying out the related earth works. The level of prefabrication is high and great emphasis has been placed on work environment and safety.
"We have accumulated special expertise over many years in industrial construction to meet our customers' high demands," says Mats Williamson, President of Skanska Sweden. ``The fact that we are now being entrusted with the construction of this facility, for the world's largest paper machine, is proof that we have succeeded."
Construction starts immediately and the project is scheduled for completion in December 2005. The project will create between 100 and 300 jobs during the construction period. Skanska has a long tradition in industrial construction at Kvarnsveden. As early as 1900, the then Skanska Cementgjuteriet company built the Kvarnsveden power station and dam under contract to Stora Kopparbergs Bergslags AB.
For further information, please contact: Mats Williamson, President, Skanska Sweden tel +46 8 504 368 54 Carl Sundstrom, District Manager, Skanska Sweden tel +46 70 210 98 34 Anders Backlund, Project Manager, Stora Enso tel +46 70 580 34 65 Peter Gimbe, Press Officer, Skanska AB tel +46 8 753 88 38 or +46 70 543 88 38
This and previous releases can also be found at www.skanska.com
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