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Skanska to construct the world’s largest cable test facility for ABB in Karlskrona, Sweden, for SEK 400 M

Skanska has signed a contract with ABB AB on constructing test facilities for
high voltage cables. The facilities will be built at the ABB High Voltage Cable
site in Karlskrona, Sweden. The contract is worth SEK 400 M, which will be
included in order bookings for Skanska Sweden in the third quarter 2013.
The project comprises construction of about 12,000 square meters facilities in
total, and is a part of the ABB investments for increased production capacity at
the Karlskrona site.
 
The construction work will occupy about 100 workers and construction start is
planned for autumn 2013. The buildings will be completed at the end of 2015.
 
Skanska Sweden is one of Sweden’s largest construction companies, with
operations in building and civil-engineering construction. The business unit has
approximately 11,000 employees and revenue in 2012 amounted to approximately SEK
30 billion. In Sweden, Skanska is also active in the development of residential
construction and commercial premises.
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