Skanska AB is a multinational construction and development company based in Sweden.
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28 Facts About Skanska
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Skanska is the fifth largest construction company in the world according to Construction Global magazine.
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Notable Skanska projects include renovation of the United Nations Headquarters, the World Trade Center Transportation Hub project, Moynihan Train Hall, 30 St Mary Axe, MetLife Stadium, Mater Dei Hospital, among others.
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Aktiebolaget Skanska Cementgjuteriet was established in Malmo, Sweden, in 1887 by Rudolf Fredrik Berg and started by manufacturing concrete products.
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Skanska played an important role in building Sweden's infrastructure including its roads, power plants, offices and housing.
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In mid-2004, Skanska decided to divest its Asian investments and sold its Indian subsidiary to the Thailand based construction firm Italian Thai Development Company.
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In 2011, Skanska acquired Industrial Contractors, Inc of Evansville, Indiana, United States.
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Skanska was the No 1 "Green Builder" in the United States in 2007 and was ranked No 3 "Green Contractor" in the United States 2008.
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In 2011, Skanska was ranked the greenest company in the United Kingdom, despite belonging to an industry with a generally high environmental impact.
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An official vision stated by Skanska is "the five zeros": zero loss-making projects, work site accidents, environmental incidents, ethical breaches and defects.
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In July 2013, Skanska withdrew from the United States Chamber of Commerce, in protest of the chamber's opposition to reformed LEED standards for sustainable buildings.
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Skanska was the first company in the industry to implement the ISO 14000 standards globally, with all its business units having been certified according to ISO 14001 since 2000, and it was the first Scandinavian company to have an independent global whistleblowing hotline.
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Skanska is active in construction, commercial property development and infrastructure development in all of its three market regions.
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Skanska plans, develops and builds homes in the Nordic region and in the rest of Europe.
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In 2013, Skanska was ranked the 9th largest contractor in the world, and in 2014, the 7th largest contractor in the United States.
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Skanska is involved in HS2 lots S1 and S2, working as part of a joint venture, due to complete in 2031.
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In 2010, Skanska was awarded a $115 million contract by the Washington State Department of Transportation for construction of a new State Route 99 roadway in downtown Seattle, Washington, part of the project to replace the Alaskan Way Viaduct.
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Skanska is part of a joint venture on The Sixth Street Viaduct Replacement Project with Stacy and Witbeck, due to complete in 2020.
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Skanska was recognized for its membership in the Predictive Analytics Strategic Council, which Construction Dive named its 2019 Innovator of the Year.
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In 1996 Skanska was entrusted with the building of a "state-of-the-art" general hospital, Mater Dei Hospital, costing over €700,000,000 in Malta.
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Later it was discovered that Skanska had used lower-quality cement of the kind that is generally used to build pavements.
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In 2005, Skanska was awarded a large natural gas pipeline contract in Argentina.
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Skanska performed its own investigation, dismissing seven staff, and worked closely with the authorities concerning the inquiry.
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Later bribery allegations related to a pipeline for Petrobras in Brazil, prompting Skanska to be barred from bidding for work for two years by the Brazilian government, and to withdraw completely from operations in South America.
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Later, Skanska was among eight businesses who launched the Construction Workers Compensation Scheme in 2014, condemned as a "PR stunt" by the GMB union, and described by the Scottish Affairs Select Committee as "an act of bad faith".
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On September 16,2020 Skanska failed to secure 20 barges at and around their 3-Mile Bridge job site in Pensacola Bay ahead of the impending Hurricane Sally.
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