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Skanska AB

12/03/2019 | Press release | Distributed by Public on 12/03/2019 00:30

Skanska invests in land in Bucharest, Romania, for EUR 24 M, about SEK 250 M

Skanska invests in land in Bucharest, Romania, for EUR 24 M, about SEK 250 M
Skanska has acquired about 26,200 square meters of land in Bucharest, Romania,
from Intero Property Development Estates SRL. The total investment amounts to
EUR 24 M, about SEK 250 M.

The plot that will be dedicated to a new office development is located in the
Bucurestii Noi submarket, in the North of Bucharest. The land is positioned in
an area which is very well connected to the entire city by a variety of means of
transportation.

Skanska is one of the leading development and construction companies in Europe.
Outside the Nordics, the company has European operations in building
construction and civil engineering in Poland, Czech Republic & Slovakia and UK.
Skanska develops commercial properties in select home markets in Poland, Czech
Republic, Romania and Hungary, while the residential development is active in
Prague and Warsaw. In 2018, Skanska had sales of SEK 36 billion and about 14,200
employees in its European

For further information please contact:

Aleksandra Markiewicz, Communication Manager, Skanska CDE, tel +48 797 229 147

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99



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

Skanska is a world leader in construction and project development on select
markets in the Nordic region, Europe and USA. Driven by the Group's values,
Skanska wants to contribute to a better society. Skanska provides innovative,
sustainable solutions for both simple and complex assignments. Skanska has about
38,000 employees, and 2018 revenue totaled SEK 170 billion.

Attachments:
12020597.pdf