STOCKHOLM, Sweden, May 07, 2004 (PRIMEZONE) -- Skanska has secured an assignment to construct a large new shopping center in Prague for SEK 735 M (CZK 2.6 billion). The contract sum is included in order bookings for the second quarter of 2004. The customer is Rodamco Europe.
The project, which comprises 55,000 square meters on four stories, will house a department store, smaller shops, restaurants, 2,200 parking places and an activity center offering bowling and other activities. The Chodrov Center will be constructed on both sides of Roztylska Street and bridging it.
Work will commence immediately and is scheduled for completion in October 2005. The project is the first of three phases planned for the Chodrov Center.
Skanska CZ, which is the Czech Republic's largest construction company, recently completed the Sazka Arena where the Ice Hockey World Championships are currently being played. The company's major projects at the moment include the extension of Prague's international airport and the extension of the city's subway. The company, which has 6,400 employees, generated sales of slightly more than SEK 7.6 billion in 2003.
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