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Skanska Awarded Network Rail Contract in Manchester, UK, Worth GBP 74 M, about SEK 900 M

ÖSTERSUND, Sweden--(BUSINESS WIRE)--Regulatory News: Skanska (STO:SKAB), in joint venture with BAM Nuttall, has been awarded a contract by Network Rail for the Northern Hub project in Manchester. The value to Skanska over the course of the contract will be in excess of GBP 74 M, about SEK 900 M, which will be included in order bookings for Skanska UK in the first quarter 2016. The joint venture is working as part of an integrated alliance, following an early contractor phase. The alliance will

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