Skanska Secures Major Contract for Oslo Metro Station

Skanska AB ( ($SE:SKA.B) ) has shared an announcement.

Skanska has secured a NOK 1.7 billion contract with Fornebubanen to construct the new Skøyen metro station in Oslo, Norway. This project, set to begin in September 2025 and complete by 2029, aims to enhance public transport connectivity and capacity at one of Oslo’s busiest hubs. The construction will focus on energy efficiency and reducing climate impact, contributing to positive urban development in the Norwegian capital.

The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK215.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

More about Skanska AB

Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. Operating across select markets in the Nordics, Europe, and the USA, Skanska focuses on creating innovative and sustainable solutions that support healthy living. The company leverages its extensive knowledge and expertise of approximately 26,300 employees to shape the way people live, work, and connect.

Average Trading Volume: 738,687

Current Market Cap: SEK95.43B

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