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Peab Wins SEK121 Million New Preparation Stage Contract for Swedish Waterworks

Peab (PEAB-B.ST) said Friday it secured a traditional contract worth 121 million kronor from water purification and distribution services company MittSverige Vatten & Avfall for a new waterworks preparation stage. Under the contract, the construction and civil engineering company will build a new building for raw water treatment connected to existing waterworks in Timrå, Sweden. Peab will commence the project in August 2026 and expects to finalize it in the spring of 2028.

PEAB-B.ST

Peab (PEAB-B.ST) said Friday it secured a traditional contract worth 121 million kronor from water purification and distribution services company MittSverige Vatten & Avfall for a new waterworks preparation stage.

Under the contract, the construction and civil engineering company will build a new building for raw water treatment connected to existing waterworks in Timrå, Sweden.

Peab will commence the project in August 2026 and expects to finalize it in the spring of 2028.