09.11.2012 09:10:00
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Peab To Build the Second Phase of The MAX IV Laboratory
Regulatory News:
Peab has been contracted to build the second phase of MAX IV laboratory in Lund. The client is AB ML4 and the contract amounts to SEK 1.3 billion. MAX IV Laboratory is a Swedish research in nuclear physics, accelerator physics and research with synchrotron radiation. Peab has previously performed the initial work on the MAX IV laboratory and prepared for the further construction. The initiator of the project is the University of Lund, the Swedish Research Council, Region Skåne and Vinnova. Work has begun and is scheduled for completion in the autumn 2015. The contract will be order reported in the fourth quarter of 2012. "This is a unique group project for Peab that requires skills and experience of all our business areas. It will be great demands on collaboration and logistics throughout the process by all parties involved, "says Peab CEO Jan Johansson.
Peab is the Nordic Community Builder with some 15,000 employees and more than SEK 40 billion in net sales. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.
This is information that Peab AB to disclose under the Securities Market Act and / or the Financial Instruments Trading. The information was submitted for publication on 9 November 2012 at 09:00
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