Construction & ENGINEERING
Building on sustainable success
Skanska is a global leader in the design and construction of eco-friendly, sustainable buildings and infrastructure. This diverse and ambitious group is listed high on the ‘Climate A List’ for the protection of the environment. Philip Yorke reports on a company that is seeing strong growth thanks to its sustainable initiatives, energy-efficient products and increasing global reach.
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kanska is one of the world’s biggest and most successful construction and project development companies. Founded in Sweden in 1887, it has grown to become one of the most innovative and respected construction companies in its field. Today Skanska operates four distinct business divisions: Construction, Residential Development, Commercial Property and Infrastructure. Construction remains the company’s largest revenue generator and working in close partnership with its other business units and collective financial resources, is able to undertake some of the world’s largest and most complex construction projects. Outside the Nordic arena, Skanska has its European operations in building construction and civil engineering located in Poland, the Czech Republic, Slovakia and the UK. The company develops commercial properties in selected local markets in Poland, the Czech Republic, Romania and Hungary, as well as having a focus on residential developments in Prague and Warsaw. In 2016 Skanska
recorded sales of more than SEK 36 billion in Europe with almost 17,000 employees responsible for its combined European operations. In addition, as one of North America’s leading construction companies it specialises in areas such as construction, civil infrastructure and the development of commercial properties. In 2016 Skanska recorded sales in the USA of more than SEK 59 billion and currently has around 9500 professionals working for its operations there.
Flying high When it comes to improving increasing the efficiency of airport terminals and railway systems, Skanska is flying high and offers unrivalled expertise wherever it is employed. Two recent contracts underscore the scale and complexity of the type of projects that Skanska undertakes both in Europe and in the USA. In October this year Skanska announced that it had been retained to expand Portland, Oregon’s international airport with a budget of more than $151 million (SEK 1.3 billion). Industry Europe 149
