Sweco competes for major hospital project in Denmark

Sweco competes for major hospital project in Denmark

One of southern Denmark's largest and most expensive construction projects of
all time, the new University Hospital in Odense, has been started and is now in
its first phase. Sweco, with experience from the Swedish healthcare sector, is
one of the architectural firms that has been chosen to take part in this
prestigious competition. 

“Healthcare is a growing market for Sweco that involves several of our areas of
expertise in architecture, building service systems and structural engineering,”
says Eva Nygren, President of Sweco Sweden. “In recent years Sweco has had net
sales of over SEK 200 million annually in the healthcare sector.”
Sweco, together with a number of international consulting companies, is part of
one of the six consortia that have been selected to compete for the design of
the new hospital. Under the name of IHA (International Hospital Alliance), Sweco
is heading the consortium through Chief Architect Anders Melin, who is
specialised in healthcare projects.

“It is unusual for architectural firms from outside Denmark to compete for
construction projects in the country. Sweco's long and successful history in
healthcare projects in Sweden and the Nordic region, combined with the expertise
of the other partners in the consortium, is a key reason why the group was
chosen to take part in the competition,” says Anders Melin.

The Danish healthcare sector is undergoing far-reaching development and many
Danish architectural firms are fully booked for projects several years into the
future, which is opening the door for foreign consulting companies in Denmark.
At the beginning of 2011 the winner of the competition will be announced or a
new competition will be held for the top proposals. The new hospital is
scheduled for completion in 2018-2020 and the total investment is estimated at
DKK 6.3 billion.

Facts
In Sweden, Sweco has experience from projects at most of the country's
hospitals, including the recently inaugurated annex at Borås Hospital and major
extensions at Falu Hospital, Karlstad Hospital and Umeå University Hospital.  

Healthcare in Sweden is a sector characterised by investment and development
even in times of recession. Looking forward, many hospitals throughout the
country are in need of extensive modernisation. The three growth regions -
Stockholm, Västra Götaland and Skåne - are all facing major population growth
and reorganisation of their healthcare facilities. 

With a total built area of around 12 million square meters, these healthcare
facilities make up Sweden's largest real estate portfolio. Sweden's healthcare
sector expenditure is equal to 7.8 per cent of GNP.

For further information please contact:
Eva Nygren, President of Sweco Sweden, telephone +46 8-695 66 60 
Elina Smidlund, Press Officer, telephone +46 8-522 953 62


Sweco is a provider of international consulting engineering services with
combined expertise in engineering, environmental technology and architecture.
The Group has annual sales of approximately SEK 5.3 billion and 5,100 employees
in eleven countries. The company has projects currently underway in some 90
countries worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.

The information contained herein may be subject to the disclosure requirements
in the Swedish Securities Exchange and Clearing Operations Act and/or the
Financial Instruments Trading Act.