Atlas Copco Wins Rock Reinforcement Order from LKAB in Sweden

Atlas Copco has won an order to supply the mining company LKAB with equipment for rock reinforcement, to increase safety at its mines in Kiruna and Malmberget, Sweden. The value of the order, which includes an extensive service agreement, is about MSEK 140. The order was received in the fourth quarter. The full service agreement runs for three years and will guarantee availability for all units. LKAB will use the equipment to implement an action plan... 

Skanska Sells Ongoing Office Project in Copenhagen to Norrporten

Skanska is selling the ongoing office project Havneholmen Tower in Copenhagen. The buyer is Fastighetsaktiebolaget Norrporten, which will take possession of the property in January 2011. Skanska is responsible for leasing of the project until the end of June 2014. The project was started in the first quarter of 2008 and no leases have been signed yet, but negotiations are in progress with several potential tenants. The final development gain depends... 

Skanska to Expand Refinery in Brazil For USD 50 M, about SEK 310 M

Skanska (STO:SKAB) has secured a contract to build a Sulfur Recovery Unit (SRU) and a Tail Gas Treatment Unit (TGTU) at Capuava refinery (RECAP) in São Paulo, Brazil. The total contract value is USD 125 M. Skanska’s share is 40 percent, USD 50 M, about SEK 310 M, which is included in order bookings for the third quarter. The customer is RECAP, an oil refinery owned by the Brazilian oil company Petrobras, that is one of Skanska’s repeat customers... 

Peab Industri Acquires Foundations Company in Norway

Peab Industri has entered into an agreement to acquire all shares in NSP, Nordfjeldske Spunt og Peleservice AS, in Norway. NSP operates on the foundations market and has its headquarters in Trondheim. In 2007 the company had sales of NOK 125 million. NSP employs a staff of over 40. Peab Industri already operates on the foundations market in Sweden and in Norway. The acquisition is subject to an approval from the Norwegian Competition Authority (Konkurransetilsynet). “With... 

Sweco Wins Urban Planning Contract in Russia

Sweco has been selected to plan two new urban districts outside St. Petersburg, Russia, with high demands on a distinct environmental profile. The contract is worth nearly EUR 530,000. “We have once again been chosen for our expertise in planning sustainable societies. In this case, the client is seeking an explicit environmental focus combined with Scandinavian architecture and Western quality,” says Jan Mattsson, President of Sweco’s architectural... 

Skanska to develop and construct Green Building on Universitetsholmen in Malmo, Sweden

Skanska is continuing with development of the Universitetsholmen in central Malmö. The office building, designated “Bassängkajen,” will be built in seven stories and comprise a total of 19,000 square meters in two stages. Skanska’s investment in the first stage involving 10,000 square meters amounts to about SEK 240 M and is scheduled to be completed in autumn 2010. The new property is expected to be one of the first in Malmö to fulfill the...