Skanska AB

Skanska AB, founded in 1887, is a multinational construction and development company headquartered in Stockholm, Sweden. It operates in the Nordic region, Europe, and the United States, employing approximately 27,000 people as of 2023. The company is listed on NASDAQ Stockholm. Skanska's operations are divided into four segments: Construction, Residential Development, Commercial Property Development, and Investment Properties. The Construction segment builds social infrastructure, including schools, hospitals, and transportation systems; mass transit comprising rails, subways, and airports; highways, bridges, and tunnels; data centers and advanced tech manufacturing facilities; energy; defense-related buildings and infrastructure; offices, manufacturing, and other commercial buildings; and residential multifamily buildings. The Residential Development segment develops and builds single and multifamily homes. The Commercial Property Development segment initiates, develops, leases, and divests in offices, life-science, and logistics and commercial warehouses, as well as residential rental properties. The Investment Properties segment invests and manages office properties. Skanska's mission is to build for a better society, focusing on delivering sustainable and innovative solutions. The company holds a strong market position in the construction industry, known for its commitment to quality, safety, and environmental responsibility.