Skanska (SKAb.ST) said it has signed a contract with an existing client to build a data center in Georgia, USA. The contract is worth $75 million. It will be included in the US order bookings for the first quarter of 2026. Construction will be completed in the first quarter of 2028.
The company also signed a contract with Bane NOR to deliver the Stange-Otterstad rail infrastructure project in Norway. The contract is worth 1.1 billion Swedish kronor, which will be included in the Nordic order bookings for the second quarter of 2026.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.