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LKAB extends contracts with Peab in Svappavaara

2/10/2012 3:00 AM EST  -   Peab
Peab has previously commissioned by LKAB to be responsible for loading, transporting and receiving of ore and waste rock, and processing of raw goods and additives at Gruvberget in Svappavaara. Now LKAB has chosen to extend the contracts with Peab for another year until September 2014. The value of the extension is approximately SEK 350 million.
- We are very pleased that we have continued confidence from LKAB. This...
Skanska Ann-Marie Hedbeck
 

Ann-Marie Hedbeck new Senior Vice President of Legal Affairs at Skanska

2/10/2012 2:30 AM EST  -   Skanska
Ann-Marie Hedbeck has been appointed the new Senior Vice President of Legal Affairs at Skanska AB, effective June 1, 2012. Ann-Marie Hedbeck is currently the General Counsel at Skanska Sweden.
She has worked at Skanska as a company lawyer since 2000 and served as General Counsel at Skanska Sweden for the past two years. From April 1, 2012, Ann-Marie Hedbeck will work in parallel with the current Senior Vice...

Another High Flying Project For ISG At BAE Systems, Warton

2/8/2012 8:52 AM EST  -   ISG
ISG has been awarded a refurbishment project at BAE Systems, Warton in Preston, Lancashire, continuing a relationship with the manufacturing giant that has seen the contractor win a string of projects over the past two years.

ISG’s latest scheme at BAE Systems, Warton involves refurbishment of the first and second floors of one of the site’s many office buildings, while the ground floor accommodation remains fully...

TimberTech Partners with Decks.com to Offer Free Deck Plans

2/8/2012 8:00 AM EST  -   TimberTech
Genevieve Gorder Design Tips, Endorsed Deck Plans to be Showcased in Online Magazine
Wilmington, Ohio – Feb. 8, 2012 – TimberTech, a leading manufacturer of alternative decking and railing materials, recently entered into two partnerships that will make it easier to select the perfect deck and get the most enjoyment from outdoor living. In conjunction with Decks.com, a leading how-to web site for deck building...

Skanska secures contract for the Second Avenue Subway Systems Project worth USD ...

2/8/2012 4:00 AM EST  -   Skanska
Skanska USA’s civil construction business unit announced today that it has signed a contract with the Metropolitan Transportation Authority for the Second Avenue Subway Systems project in New York City.
The construction value of the project is USD 262 M. Skanska will include its full share, USD 87 M, about SEK 588 M, in the bookings for Skanska USA Civil for the first quarter 2012.

Skanska, with joint-venture...

Year-end Report, January−December 2011

2/8/2012 2:00 AM EST  -   Skanska
January−December 2011 compared to January−December 2010

· Order bookings totaled SEK 123.6 (130.3) billion. Order bookings in the fourth quarter totaled SEK 41.0 (29.0) billion, an increase of 41 percent compared to the fourth quarter of 2010.
· Order bookings were 7 percent higher than revenue during the year. Order backlog increased 7 percent and amounted to SEK 155.7 (145.9) billion. This was equivalent...

NCC facilitates establishment of Bauhaus in Linköping

2/7/2012 2:00 AM EST  -   NCC
NCC Property Development is selling 40,000 square meters of land at Linköping’s new retail center, Tornby Handelsgårdar, to the building-materials chain, Bauhaus. During 2012, the chain will establish a new megastore in the retail center. The transaction will be implemented as a sale of a company, with the underlying property value amounting to nearly SEK 80 M, and will generate a positive impact on earnings during...

Balder attracts large number of new shareholders in the preference share

2/3/2012 8:00 AM EST  -   Fastighets AB Balder
Balder has been informed that Swedbank’s offering of preference shares in Balder to the public in Sweden and to institutional investors in Sweden and abroad was received with great interest and the offering was over-subscribed several times. Approximately 3,400 individuals and institutional investors have been allotted preference shares in Balder through the offering.

 
 
For further information, please...

Sveafastigheter acquires 68 grocery stores in Finland

2/2/2012 11:00 AM EST  -   Sveafastigheter
Sveafastigheter’s third fund, Sveafastigheter Fund III, has signed its sixth acquisition in Finland. The portfolio comprises 68 grocery store properties around Finland and is acquired together with new local asset management partner Capitol Asset Management. The transaction is financed by Aareal Bank.
Sveafastigheter Fund III (”Sveafastigheter”) has together with Capitol Asset Management (”CAM”) signed the...

NCC signs Credit Facility of EUR 325 million

2/1/2012 8:30 AM EST  -   NCC
NCC Treasury AB has today signed a new €325,000,000 five year Multicurrency Revolving Credit Facility.
The Facility which is guaranteed by NCC AB (publ) will be used for general corporate purposes including a backstop for NCCs Commercial Paper Program. The transaction replaces an existing €275,000,000 Multicurrency Revolving Credit Facility dated 11th January 2008.

The Facility was provided with equal shares...