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Review of 2010 – USD version - Skanska

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November – December <strong>2010</strong><br />

11/2/<strong>2010</strong><br />

<strong>Skanska</strong> starts work on Budapest’s<br />

greenest <strong>of</strong>fice project – invests<br />

EUR 32.5 M<br />

<strong>Skanska</strong> is developing a new <strong>of</strong>fice property with<br />

a strong environmental pr<strong>of</strong>ile in Budapest,<br />

Hungary. <strong>Skanska</strong>’s investment amounts to<br />

EUR 32.5 M, about SEK 300 M.<br />

11/11/<strong>2010</strong><br />

<strong>Skanska</strong> receives U.S. Green Building<br />

Council’s <strong>2010</strong> Leadership Award<br />

<strong>Skanska</strong> has been awarded the U.S. Green Building<br />

Council’s <strong>2010</strong> Leadership Award for the company’s<br />

vision, leadership and commitment in promoting<br />

the development <strong>of</strong> the design and construction<br />

<strong>of</strong> green projects. The U.S. Green Building Council<br />

(USGBC), an independent environmental<br />

organization, annually recognizes individuals or<br />

organizations that work actively for green design<br />

and construction.<br />

11/18/<strong>2010</strong><br />

<strong>Skanska</strong> to construct school facility in<br />

New York for <strong>USD</strong> 61 M<br />

<strong>Skanska</strong> has secured an assignment to construct<br />

an intermediate and high school facility in Long<br />

Island City, New York. The contract amount totals<br />

<strong>USD</strong> 61 M, approximately SEK 425 M.<br />

12/2/<strong>2010</strong><br />

<strong>Skanska</strong> to construct Brent Council’s<br />

green Civic Centre in London for<br />

GBP 85 M<br />

<strong>Skanska</strong> has been assigned to construct Brent Civic<br />

Centre in the Greater London Area. The contract<br />

amount is around GBP 85 M, about SEK 930 M,<br />

which will be included in fourth quarter order<br />

bookings. The customer is Brent Council.<br />

12/7/<strong>2010</strong><br />

<strong>Skanska</strong> acquires leading construction<br />

company in Slovakia in the field <strong>of</strong><br />

cast-in-place concrete structures<br />

<strong>Skanska</strong> is to acquire all shares in the Slovakian<br />

company SkyBau, which builds cast-in-place<br />

concrete structures. The acquisition strengthens<br />

<strong>Skanska</strong>’s position in the building construction<br />

sector in the Czech Republic and Slovakia.<br />

12/8/<strong>2010</strong><br />

<strong>Skanska</strong> to commence new phase<br />

<strong>of</strong> <strong>of</strong>fice project in Helsinki – invests<br />

EUR 23 M<br />

<strong>Skanska</strong> Commercial Development Nordic is to<br />

initiate the second phase <strong>of</strong> its Ruskeasuo <strong>of</strong>fice<br />

project in Helsinki. The investment amounts to<br />

EUR 23 M, approximately SEK 210 M and <strong>Skanska</strong><br />

Finland’s construction contract amounts to<br />

EUR 16.4 M, about SEK 150 M.<br />

12/9/<strong>2010</strong><br />

<strong>Skanska</strong> to launch Stockholm’s largest<br />

green <strong>of</strong>fice project, Lustgården,<br />

invests SEK 1.4 billion<br />

<strong>Skanska</strong> is starting the first phase <strong>of</strong> the Lustgården<br />

<strong>of</strong>fice project on Kungsholmen in Stockholm. The<br />

property will be the largest green <strong>of</strong>fice project in<br />

the Nordics and the most environmentally compatible<br />

project developed by <strong>Skanska</strong> to date.<br />

The investment amounts to approximately<br />

SEK 1.4 billion.<br />

12/9/<strong>2010</strong><br />

<strong>Skanska</strong> to expand in residential<br />

development – launches operations<br />

in the UK and Poland<br />

<strong>Skanska</strong>’s new business plan up to 2015 will focus<br />

on pr<strong>of</strong>itable growth. One <strong>of</strong> the areas with the<br />

best growth potential and in which <strong>Skanska</strong> plans<br />

to invest the most in coming years is residential<br />

development. The goal is to sharply increase the<br />

number <strong>of</strong> residential development projects in<br />

<strong>Skanska</strong>’s existing markets and to assume the<br />

position as the leading residential developer in the<br />

Nordic region. At the same time, the operations<br />

in the Czech Republic and Slovakia will return to<br />

former volume levels. As a phase in the expansion,<br />

<strong>Skanska</strong> is now starting an entirely new unit for<br />

residential development in the U.K., and will also<br />

start a residential operation in Poland.<br />

12/29/<strong>2010</strong><br />

<strong>Skanska</strong> sells its 50 percent share in<br />

PPP highway Autopista Central with<br />

a gain after tax <strong>of</strong> approximately<br />

SEK 5 billion<br />

<strong>Skanska</strong> is selling its 50 percent share in the<br />

company that owns the PPP highway concession<br />

Autopista Central in Santiago, the capital <strong>of</strong> Chile.<br />

The buyer is Alberta Investment Management<br />

Corporation (AIMCo), one <strong>of</strong> Canada’s largest<br />

institutional management firms managing funds<br />

on behalf <strong>of</strong> the Province <strong>of</strong> Alberta, certain public<br />

pension and endowments.<br />

<strong>Skanska</strong> <strong>Review</strong> <strong>of</strong> <strong>2010</strong> – <strong>USD</strong> <strong>version</strong> Major events during <strong>2010</strong> 169

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