Peab expands the net of roads in Göteborg

Peab expands the net of roads in Göteborg    

Peab has been commissioned in collaboration with the Swedish Transport
Administration to prepare for the rebuilding of the national and
regional road net in northern, eastern and southern Greater Gothenburg.
The customer is the Transport Administration and the total contract is
worth about SEK 250 million.
The work consists mainly of the construction of bus lanes, adding lanes,
highway stops, interchanges and trimming steps. The project is within
the western Swedish infrastructure package. Work will commence in the
first quarter of 2011 and is scheduled for completion in December 2012.
Peab will also perform earth moving and other preparations for the
introduction of congestion charging in Gothenburg. The client is the
Transport Administration and the contract amounts to SEK 70 million.
 

 

 

 

For further information, please contact:

Johan Halvardsson, Region manager Peab +46 733 723068

Gösta Sjöström, CIO Peab +46 733 371010

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 at 10.00 am on 24 January
2011.

Previous press releases from Peab are available at
www.peab.com (http://www.peab.com/)