Skanska Strengthens Focus on Coordinated Purchasing by Forming New Group Staff Unit


STOCKHOLM, Sweden, Dec. 2, 2004 (PRIMEZONE) -- Skanska is forming a new central unit to coordinate the Group's purchasing activities. The Group Staff Purchasing unit's aim is to better capitalize on the economies of scale and synergy potentials provided by Skanska's large purchasing volumes. Purchased goods and services comprise about two thirds of the Group's sales.

"There is great potential in coordinating purchasing activities. The ambition with the new central purchasing unit is to stimulate increased regional and global coordination within the Group," says Petter Eiken, new Executive Vice President, Skanska AB, from January 1, 2005.

"To date, our customers and many of the Group's business units have benefited from the various purchasing contracts initiated by Skanska Sweden. Now we will further develop this through improved utilization of purchasing channels from our other home markets."

The new staff function will support all Skanska's business units which will continue to have the main responsibility for purchasing.

The Group Staff Purchasing unit is being formed as of January 1, 2005 and will be headed by Bert-Ove Johansson, who consequently is leaving his position as President of Skanska BOT. He will report to Petter Eiken, who will have responsibility for purchasing within the company's Senior Executive Team.

"Bert-Ove Johansson has years of experience of Skanska's various operations. In his work with BOT he has demonstrated his ability to stimulate coordination among various units," says Petter Eiken.

Simon Hipperson has been appointed new the President of Skanska BOT. See separate press release.

For further information please contact:

Peter Gimbe, Senior Vice President Communications, Skanska AB, tel +46 8 753 88 38

This and previous releases can also be found at www.skanska.com

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