STOCKHOLM, Sweden, Sept. 26, 2005 (PRIMEZONE) -- Skanska has been contracted to modernize two prisons in Scotland. The contract amount totals GBP 55 M, about SEK 740 M, and is included in order bookings for the third quarter. The customer is the Scottish Prison Service (SPS).
The contract represents a continuation of the framework agreement with SPS in which Skanska built four prisons during the last four years.
The new assignments cover expansion of two of these prisons -- the HMP Glenochil prison and the HMYOI Polmont facility for young offenders. The projects include space for housing blocks, workshops and training facilities.
Work begins immediately and the projects are scheduled to be completed in the first quarter of 2007. Skanska UK is responsible for design, construction, as well as mechanical and electrical installation work. The framework agreement facilitates continuous improvements, among other aspects through repetition of the design and construction solutions, resulting in reduced construction time.
Skanska UK is one of the UK's leading construction companies. The company reported annual sales totaling slightly more than SEK 11 billion in 2004, with about 3,400 employees. The company is active in building construction and infrastructure projects, including water, energy and telecom facilities. Skanska also is the leading construction company in the British program for public-private partnership.
This and previous releases can also be found at www.skanska.com
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