Skanska awarded railway contract in Czech Republic

Skanska was awarded a contract by Czech Railway Infrastructure Administration to modernize the railway junction in Plzen's third transit corridor in the Czech Republic. The contract amounts to CZK 942 million, about SEK 350 million (US$52 million), which will be included in order bookings for the fourth quarter. Funds will be provided by the State Fund for Transportation Infrastructure and will be co-financed by the EU Cohesion Fund. The project will be completed by Skanska over the next two and a half years.