JM Construction wins Swedavia’s procurement contract for new operational area at Arlanda Airport

JM Construction has been entrusted with a general contract to take care of new
construction and renovation of a new operational area with BREEAM/CEEQUAL
classification.
The procurement pertains to a new operational area with an agreement term of
just over two years. The agreement is valued at approximately SEK 760m. The
revenue will be evenly distributed over the term of the agreement. The agreement
will turn into a collaborative contract with immediate pre-construction
involvement and commencement of preparatory work in the construction area.

The contract comprises renovation of 20,000 square meters and construction of 13
buildings, with a total area of 26,000 square meters. The construction area
comprises 125,000 square meters, and extensive ground preparation will take
place there. The project is divided into three main parts; two of these are to
be delivered in Q4 2017. Completion of the contract in its entirety is planned
for Q2 2018.

“Swedavia has embarked on an expansive and exciting journey that will continue
for many years. It is very gratifying that JM Construction can take part in the
development of operations at Arlanda,” says Peter Neuberg, president of JM
Construction.

JM Construction has been building for Swedavia at Arlanda since 1999. The
projects have been characterized by very positive cooperation, and JM
Construction currently has a great deal of knowledge on the special conditions
and requirements that apply to construction performed in the airport areas.

“The new operational area is one key to Arlanda’s future, not only in terms of
enabling efficient flight operations, but also in terms of enabling future
development of the airport. It is with great confidence that we look forward to
cooperating with JM Construction,” says Kjell-Åke Westin, airport director at
Stockholm Arlanda Airport.
For additional information, please contact:
Alexandra Jansson, Regional Manager Buildings, +46 (0)8 782 85 86
Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29
JM is one of the leading developers of housing and residential areas in the
Nordic region. Operations focus on new production of homes in attractive
locations, with emphasis on expanding metropolitan areas and university towns in
Sweden, Norway and Finland. We are also involved in project development of
commercial premises and contract work, primarily in the Greater Stockholm area.
JM seeks to promote long-term quality and environmental considerations in all
its operations. Annual sales total approximately SEK 14 billion and the company
has about 2,300 employees. JM is a public limited company listed on NASDAQ
Stockholm, in the Large Cap segment.