Skanska signs additional contract to expand hospital in Astoria, Oregon, USA for USD 153M, about SEK 1.6 billion

Skanska has signed an additional contract with Columbia Memorial Hospital for a hospital expansion project in Astoria, Oregon, USA. The contract is worth USD 153M, about SEK 1.6 billion, which will be included in the US order bookings for the fourth quarter of 2024.

The project includes a four story 16,900 square meter (182,000-SF) expansion to the existing hospital to include an expanded emergency department, improved operating rooms, larger patient rooms, space for mechanical equipment, among other enhancements. The expansion will allow Columbia Memorial Hospital to provide new services and the latest medical technology to address the community's health needs.

Earlier this year, Skanska signed a contractfor this project for USD 74M. The total contract value is now USD 227M, about SEK 2.4 billion.

Work began September 6, 2024, and the project is expected to complete in November 2027.

For further information please contact:

Daniela Arellano, Communications Director, Skanska USA, tel +1 -213-317-4977

Andreas Joons, Press Officer, Skanska Group, tel +46 76 870 75 51

Direct line for media, tel +46 (0)10 448 88 99

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

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world's largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.