Skanska Secures Major Contract for New Motorway Project

Skanska Signs Major Contract for Construction of New Motorway
Skanska has recently entered into a significant partnership with the National Motorway Company to construct a new motorway, valued at EUR 261 million—or approximately SEK 2.9 billion. This impressive contract will be reflected in the company's order bookings for Europe, marking a pivotal moment for Skanska as it expands its presence and capabilities in infrastructure projects.
Details of the New Motorway Project
The planned motorway, known as the D3 section, spans 9.6 kilometers, connecting Kysucké Nové Mesto to Oš?adnica. This vital thoroughfare will facilitate smoother travel between Žilina and the Kysuce region, enhancing international transit routes toward Poland and Czechia.
Infrastructure Enhancements
Included in this ambitious project are extensive infrastructural elements such as a multi-level crossing, a rest area, 20 bridges, and 14 kilometers of noise barriers. The project will also establish comprehensive technical infrastructures essential for the motorway's operation and maintenance.
Impact on Local Communities and Environment
One of the primary goals of the D3 motorway is to reduce the volume of heavy traffic on local roads. This strategic diversion will not only boost safety but also decrease noise pollution and emissions, benefiting local communities in the Kysuce valley. The environmental considerations are significant, as the project aims to protect both the natural surroundings and the residents living near the proposed route.
Timeline for the Project
Construction is anticipated to commence around the end of the year 2025 and will unfold over an estimated duration of three and a half years. During this period, numerous workers will be involved in creating a safer and more efficient transportation network in the region, contributing to economic and social development.
Skanska's Vision for the Future
Skanska's commitment to building sustainable infrastructure is evident in this new motorway project. Through effective planning and execution, the company envisions not only meeting current transportation needs but also paving the way for future advancements in infrastructure development.
Company Contacts
For more insights regarding this project or any inquiries, interested parties can reach out to Ond?ej Šuch, Head of External Affairs, Skanska Central Europe, at +420 725 628 760 or Andreas Joons, Press Officer at Skanska Group, at +46 (0)10 449 04 94. Additionally, there is a dedicated media direct line at +46 (0)10 448 88 99 for further assistance.
Frequently Asked Questions
What is the total cost of the motorway project?
The project is valued at EUR 261 million, which is around SEK 2.9 billion.
When is the expected start date for construction?
Construction is expected to begin at the end of the year 2025.
What are the environmental benefits of this motorway?
The motorway is designed to reduce heavy traffic on local roads, which will decrease noise and emissions, positively impacting local communities.
How long will the construction take?
The construction is estimated to last approximately three and a half years.
Who can I contact for more information about the project?
For more information, you can contact Ond?ej Šuch or Andreas Joons, whose contact details are provided above.
About The Author
Contact Addison Perry privately here. Or send an email with ATTN: Addison Perry as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.