Skanska to Renovate Wastewater Plant in New York for SEK 325 M


STOCKHOLM, Sweden, Feb. 22, 2005 (PRIMEZONE) -- Skanska has been contracted to renovate and upgrade one of New York's largest wastewater treatment plants. The contract amount is SEK 325 M (USD 46.6 M), which is included in order bookings for the first quarter of 2005. The customer is the New York City Department of Environmental Protection.

The contract covers the North River Pollution Control Plant and involves extensive rebuilding of the treatment plant, including an aeration system, settling tanks and sludge treatment facility. Skanska will be responsible for the demolition and construction work as well as procurement, installation and start-up of the upgraded sections.

Because of the necessity of keeping the plant in full operation during the upgrade of systems and equipment, the work must be done in multiple phases and in some instances requires the installation of temporary systems.

Work begins in March this year and is scheduled to be completed in February 2009.

The North River Water Pollution Control Plant was constructed by Slattery Skanska in 1987. It was built to treat half of Manhattan's sewage and was constructed atop a caisson and pile-supported structural platform over the Hudson River. The expansive concrete roof is home to a community park and recreation area that includes a stadium, swimming pool and playing fields.

The project is being carried out by the Skanska USA Civil unit Gottlieb Skanska. Skanska USA Civil's operations focus on transportation infrastructure, and facilities for power generation, water and wastewater treatment in the eastern U.S., Colorado and California. The company has 4,500 employees. Skanska USA Civil's sales amounted to approximately SEK 12 billion in 2004.

For further information please contact:

Karen Diemer, Communications Manager, Skanska USA Civil, tel +1 718 746 2785 Anna Wenner, Press Officer, Skanska AB, tel +46 8 753 88 99

This and previous releases can also be found at www.skanska.com

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