Skanska

Skanska AB, is a multinational construction and development company based in Sweden, where it also is the largest construction company. The company's head office is in Solna, north of Stockholm. Aktiebolaget Skånska Cementgjuteriet was established in Malmö, Sweden, 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... Sweden was followed by international expansion. In the mid 1950s 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 States 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 1990s, Skanska expanded substantially both organically and by acquisition.
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