Peab to Extend the Port of Kapellskar

Peab has been contracted to construct Kapellskar harbor. The client is
Stockholms Hamnar by Kapellskärs Hamn AB and the contract amounts to SEK 200
million.
[image]To ensure the shipping industry in the Stockholm region and to meet
future traffic trends, volumes and vessel sizes the Port of Kapellskär now
extends. The mission Peab received include an expansion of the port plan on
80,000 sqm.
- We are very pleased to start the expansion and modernization of our harbour
plan in Port of Kapellskär, for us and for our customers. Together with Peab and
their solid construction experience, we have taken a major step towards a
successful rollout, says Tobias Kednert, Project manager at Ports of Stockholm.
- One of the big challenges of this project is to port to operate in full
operation during construction. It is a challenge for both us and our customers,
but with good cooperation, we will solve it together, says Anders Nykvist,
Construction manager at Peab.
- As community builders, we are proud to be contracted to construct Port of
Kapellskärs harbor plan that helps to ensure shipping in Stockholm, says Beth
Larsson, Project manager at Peab.
Completion is scheduled in November in 2016.
The project will order reported in the third quarter in 2014.
Peab AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on 11 September 2014 at 08.00 a.m.
For further information, please contact:
Berth Larsson, Project manager Peab, +46 733 37 48 94
Tobias Kednert, Project manager Stockholms Hamnar, +46 8 670 27 67
Niclas Brantingson, CIO Peab, +46 733 37 20 06
Peab is the Nordic Community Builder with some 13,000 employees and net sales
exceeding SEK 40 billion. The Group’s subsidiaries have strategically located
offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX
Stockholm. The registered office of the Group is at Förslöv, Skåne in south of
Sweden.