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Skanska
Skanska

Construction / Construction and development services

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Overview
Skanska is a multinational construction and development company headquartered in Stockholm, Sweden. It was founded in 1887 and has operations in Europe, North America, and Latin America. The company specializes in construction, project development, and commercial property development.
Skanska is one of the largest construction companies in the world, with over 34,000 employees and annual revenues of more than $18 billion. The company is known for its sustainable and innovative approach to construction, with a focus on green building and renewable energy. It has been ranked as one of the most sustainable companies in the world by the Dow Jones Sustainability Index.
The company's projects range from infrastructure and commercial buildings to residential developments and large-scale public-private partnerships. Some notable projects by Skanska include the New Karolinska Solna Hospital in Sweden, the World Trade Center Transportation Hub in New York City, and the Ormen Lange gas processing plant in Norway.
Skanska also places a strong emphasis on workplace safety, and has implemented strict policies and procedures to ensure the health and well-being of its employees.
Overall, Skanska is a well-respected and successful company in the construction industry, known for its high-quality projects, commitment to sustainability, and dedication to employee safety.
What is special about the company?
1. Long History: Skanska has been in operation for over 130 years, making it one of the oldest and most established construction companies in the world.
2. Global Presence: Skanska operates in over 80 countries around the world, with a presence in Europe, North America, and Latin America.
3. Focus on Sustainability: Skanska is committed to sustainable construction and has been recognized as a leader in the industry for its efforts to reduce carbon emissions and promote green building practices.
4. Diverse Portfolio: Skanska has a diverse portfolio of projects, ranging from commercial and residential buildings to infrastructure, public-private partnerships, and renewable energy projects.
5. Innovation: Skanska is known for its innovative approach to construction, using modern methods and technologies to improve efficiency and productivity.
6. Emphasis on Safety: Skanska prioritizes safety in all its projects and has implemented rigorous safety standards to ensure the well-being of its employees and stakeholders.
7. Strong Corporate Culture: Skanska has a strong corporate culture that emphasizes integrity, teamwork, and a focus on delivering high-quality projects for its clients.
8. Industry Recognition: Skanska has received numerous awards and accolades for its projects and commitment to sustainability, including being named one of the World's Most Ethical Companies by the Ethisphere Institute.
9. Corporate Social Responsibility: Skanska is dedicated to making a positive impact on society and has initiatives in place to support local communities and promote diversity and inclusion within the company.
10. Employee Development: Skanska invests in employee development and offers a range of training and development programs to foster a skilled and motivated workforce.
What the company's business model?
Skanska is a multinational construction and development company that specializes in project development, construction, and infrastructure services. Its business model is based on providing high-quality and sustainable solutions to clients through project development, construction, operations, and maintenance services.
Skanska's business model is built on four main pillars:
1. Client Focus: Skanska focuses on understanding the specific needs and requirements of its clients to provide tailor-made solutions and maintain long-term relationships.
2. Operational Excellence: The company strives for efficiency and productivity by continuously improving its processes and procedures, utilizing technology and innovation, and implementing best practices.
3. Sustainability: Sustainability is a core part of Skanska's business model, and the company is committed to minimizing its environmental impact, promoting social responsibility, and ensuring the health and safety of its employees.
4. One Skanska Approach: Skanska adopts a collaborative and integrated approach, bringing together its expertise and capabilities in design, construction, and operations to ensure seamless project delivery.
Overall, Skanska's business model centers on providing value-added services to its clients while maintaining a strong focus on sustainability and operational excellence.
Interesting facts about the company
1. Skanska was founded in 1887 in Sweden by a man named Rudolf Fredrik Berg.
2. The name Skanska comes from the Swedish word skansa, which means site.
3. Skanska is one of the largest construction and project development companies in the world, with operations in Europe, the US, and Latin America.
4. The company’s first major project was the construction of a railway tunnel in Stockholm, Sweden.
5. Skanska has been involved in many iconic projects, including the building of the Trump Tower in New York City and the reconstruction of the World Trade Center after the 9/11 terrorist attacks.
6. In 2019, Skanska was ranked as the 9th largest construction company in the world by revenue.
7. The company is known for its commitment to sustainability, with a goal to achieve zero carbon emissions and zero accidents on all its projects.
8. Skanska is also a leader in diversity and inclusion, with a goal to achieve gender balance across all levels of the organization by 2020.
9. The company has been awarded numerous accolades for its work, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute for seven consecutive years.
10. In addition to its construction and project development services, Skanska also offers services in commercial and residential development, infrastructure development, and facility management.
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