Skanska Awarded Railway Contract in Slovakia Valued at SEK 680 M


STOCKHOLM, Sweden, June 8, 2004 (PRIMEZONE) -- Skanska has received a railway assignment in Slovakia. The contract is valued at SEK 1,360 M (CZK 4.67 billion). Skanska has 50 percent of the order total, corresponding to SEK 680 M (CZK 2.33 billion). The contract is included in order bookings for the second quarter of 2004.

The customer is the Slovakian railway company Zeleznice Slovenske Republiky. The project is partly financed through the EU's ISPA program that provides support for environment and infrastructure in the new EU countries.

The assignment concerns the complete renovation of a 14-kilometer stretch of the main railway line between the capital Bratislava and Trnava. The project also covers the reconstruction of six stations.

Work will commence shortly and is scheduled for completion in December 2007.

The Czech subsidiary Skanska CZ is heading a consortium with the Slovakian companies Stavby silnic a zeleznic, TCHAS and Elektrizacia zeleznic Kysak.

Skanska CZ, the largest construction company in the Czech Republic with 6,400 employees, posted sales of slightly more than SEK 7.6 billion last year.

For further information please contact:

Ondrej Such, Press Officer, Skanska CZ, tel: +420 267 095 444 Peter Gimbe, Press Officer, Skanska AB, tel: +46 8 753 88 38

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http://www.waymaker.net/bitonline/2004/06/08/20040608BIT20110/wkr0006.pdf PDF



            

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