Skanska Secures Major Contracts in Norway and Sweden
Skanska AB, a leading construction and project development company, has made a significant move in the Nordic region, securing substantial contracts in Norway and Sweden. The company’s expertise and reputation have earned it a spot at the forefront of major projects in both countries.
Norway: A New Metro Station in Oslo Skanska has signed a contract with Fornebubanen to build a new underground metro station in Oslo, Norway for approximately SEK 1.6 billion. This project will be included in the Nordic order bookings for Q2 2025, solidifying Skanska’s position in the region.
Sweden: Expanding and Renovating Österåker Correctional Facility In Sweden, Skanska has secured a contract with Specialfastigheter Sverige AB to expand and renovate the correctional facility Österåker in Stockholm for about SEK 1.3 billion. This project will be included in the Swedish order bookings for Q2 2025, further demonstrating Skanska’s capabilities in the construction and infrastructure sectors.
These contracts underscore Skanska’s strong presence in the Nordic region and its ability to secure large-scale projects. The company’s stock price has remained relatively stable, with a recent close price of SEK 235.3 and a 52-week high of SEK 262.5, indicating a positive outlook for the company.
Skanska’s success in securing these contracts is a testament to its expertise and reputation in the industry. As a leading construction and project development company, Skanska continues to be a major player in the Nordic region, with a strong track record of delivering large-scale projects on time and within budget.