The Full Wiki

Skanska: Map

Advertisements
  
  

Wikipedia article:

Map showing all locations mentioned on Wikipedia article:



Skanska, is a multinational construction and development company based in Swedenmarker, where it is also the largest construction company.

History

Aktiebolaget Skånska Cementgjuteriet was established in 1887 and started by manufacturing concrete products. It quickly diversified into a construction company and within 10 years the company received its first international order. The company played an important role in building up Sweden’s infrastructure including roads, power plants, offices and housing.

Growth in Swedenmarker was followed by international expansion. In the mid 1950's Skånska Cementgjuteriet made a major move into international markets. During the next decades it entered South America, Africa and Asia, and in 1971 the United Statesmarker market, where it today ranks among the largest in its sector. The company was listed on the Stockholm Stock Exchange A-list in 1965. In 1984 the name “Skanska”, already in general use internationally, became the Group’s official name.

During the latter part of the 1990's, Skanska expanded substantially both organically and by acquisition.

In mid 2004, Skanska decided to divest its Asian investments and sold its Indianmarker subsidiary to the Thailandmarker based construction firm Italian Thai Development Company.

In 2005, Skanska was the subject of an official investigation by Argentinian tax enforcement office (AFIP) in which employees working on a gas pipelines project in Buenos Airesmarker admitted to having paid bribes to government officials.

Current activities

Skanska operates in four business streams; construction, residential development, commercial development and infrastructure development. Primary markets are the Nordic region, the U.S., United Kingdommarker, Central Europe and Latin America. The Group’s operations are based on local business units. Generally, the firm has several thousand continuing projects.

Skanska was the No. 1 "Green Builder" in the United Statesmarker in 2007 and was ranked No. 3 "Green Contractor" in the United Statesmarker 2008.

Skanska was ranked the 10th largest contractor in the world in 2008 and was the 6th largest contractor in the United Statesmarker.

Major projects

Major projects in the United Kingdommarker have included 30 St Mary Axemarker in Londonmarker completed in 2004. Skanska is currently constructing Heron Tower in Londonmarker, which will be 246m when complete, making it the tallest building in the UKmarker before it gets overtaken by the Bishopsgate Towermarker and London Bridge Towermarker, and which is due to be completed in early 2011.

Major projects in the United Statesmarker include the new Meadowlands Stadiummarker (home to the Giants and the Jets NFL franchises), due to be completed in 2010. Skanska is also the construction manager for Madison Square Gardenmarker's renovation project, due to be completed in 2012.

Another continuing major project is the renovation and addition to the United Nationsmarker building, due to be completed in 2014, and continued work on the 250,000 sqm Mater Dei Hospital in Maltamarker, one of the largest medical centers in Europe.

Other continuing major projects include the restoration of the World Trade Centermarker ground zero site including the removal of debris, the reconstruction of the PATHmarker and New York City Subway and the creation of a World Trade Center Transportation Hubmarker, due to be completed in 2014. Skanska is also a member of consortium responsible for the Second Avenue Subway tunneling project, due to be completed in 2016.

See also



References

  1. Skanska: History
  2. ITD Cementation India
  3. Skanska likely to be involved in a corruption scandal in Argentina Pravda, 20 March 2007
  4. Skanska: Green Builder
  5. Top Green Contractors ENR
  6. Top Global Contractors ENR
  7. Top US Contractors ENR
  8. The erotic gherkin is in a pickle The Telegraph, 23 November 2002
  9. Skanska win Heron Tower contract Skyscrapernews, 31 October 2007
  10. Meadowlands Stadium
  11. Jones Lang LaSalle project manager for $500m Madison Square Garden renovation New York Real Estate Journal
  12. UN signs contract with Skanska Reuters, 27 July 2007
  13. Times of Malta 30th July 2009
  14. Phoenix Constructors
  15. New York Construction: Top Projects


External links




Embed code:
Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message