Skanska Inks Additional Contract With Existing Client For $138 Mln Tech Facility In US
(RTTNews) - Skanska AB (SKA-B.ST), a Swedish engineering and construction company, Tuesday announced that it has signed an additional contract worth $138 million with an existing client for a tech facility in the US.
This project will be included in Skanska's US order bookings for the third quarter of 2026.
Work has begun in April and is set to complete in the first quarter of 2028.
On Monday, shares closed at SEK 263.90, down 5.21% on the Stockholm Stock Exchange.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.