Peab

Sweden's national road network is divided into geographic areas consisting of 550 to 1,750 kilometers of roads. Peab has been awarded contracts for basic maintenance of the road networks in Strömsund and Tingsryd. The Swedish Transport Administration's road contracts for these operation areas are spread over four years starting September 1, 2023 with an extension option for another two years. In total Peab works with 23 of the Swedish Transport Administration's operation areas, which makes us one of the largest actors on the Swedish market in state road management.

"Participating in providing passable roads in Sweden is an important job for us as community builders and we're very proud of this work. As a road contractor for the Swedish Transport Administration we monitor road conditions 24/7 year round, regularly make inspections and take measures to ensure our roads are safe," says Andreas Rydbo, Region Manager Peab.

Peab has been responsible for the network of roads in Strömsund and Tingsryd for several years and will now continue.

The projects will be order registered in the first quarter 2023.

For further information, please contact:

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

Andreas Rydbo, Region Manager Peab, +46 73 337 39 49