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October 06, 2015 7:28 AM ET

Real Estate Management and Development

Company Overview of Skanska a.s.

Company Overview

Skanska a.s. provides development and construction services in Czech Republic and Slovak Republic. It engages in developing residential properties, including apartments and homes, as well as plans, builds, leases, and sells office buildings and retail premises; and provides property management and related services. The company also supplies products and services in the field of ferroconcrete prefabrication; and provides road, bridges, underground, and specialized construction services. In addition, it specializes in the upgrading and reconstruction of rail lines, including regional lines, and railroad stations and rail sidings, as well as engages in the optimization of high speed rail corrid...

Líbalova 1/2348


P.O.Box 41

Prague 4

Prague,  149 00

Czech Republic

Founded in 1953


420 2 6709 5111


420 2 6731 0644

Key Executives for Skanska a.s.

Chief Financial Officer and Executive Vice President
Age: 64
Executive Vice President, Chief Executive Officer of Skanska AB and President of Skanska AB
Age: 58
President of Support Units Skanska Teknik
President of Skanska (Norway)
President of Skanska (argentina)
Compensation as of Fiscal Year 2015.

Skanska a.s. Key Developments

Skanska to Build Highway in Czech Republic for CZK 2.7 Billion

Skanska has signed a contract with The Road and Motorway Directorate for construction of a new part of the D1 motorway between Lipník nad Becvou and Perov, Czech Republic. The contract is worth CZK 2.7 billion, about SEK 920 million, which will be included in order bookings for Skanska Czech Republic for the second quarter of 2015. The project includes construction of 14 kilometers of the D1 motorway, with 24 bridges, three interchanges, more than seven kilometers of sound barriers and retaining walls. Construction work will start soon and is due to be completed in 2019.

Skanska Czech Republic Reports Earnings Results for the Fourth Quarter and Year Ended December 2014

Skanska Czech Republic reported earnings results for the fourth quarter and year ended December 2014. For the quarter, the company reported revenue of SEK 1,709 million against SEK 1,378 million a year ago. Operating income was SEK 26 million against loss of SEK 114 million a year ago. For the full year, the company reported revenue of SEK 4,840 million against SEK 4,119 million a year ago. Operating income was SEK 47 million against loss of SEK 299 million a year ago.

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