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Skanska has secured a contract worth EUR 29 million (around SEK 310 million) to construct a new business facility for Garmin in Jyväskylä, Finland. The project will be included in the company's Nordic order bookings for the third quarter of 2026, further strengthening Skanska's presence in Finland's commercial construction market. The contract adds to the company's recent portfolio of technology and business infrastructure projects across the Nordic region. While detailed specifications of the facility have not been disclosed, the development reflects continued investment in modern business infrastructure in Finland.
Skanska has been awarded a contract valued at EUR 29 million, approximately SEK 310 million, to build a new business facility for Garmin in Jyväskylä, Finland. The project will be recorded in Skanska's Nordic order bookings for the third quarter of 2026, according to the company's announcement.
The company has not disclosed additional details about the size, design, construction timeline or intended use of the facility. However, the contract marks another addition to Skanska's portfolio of commercial and technology-related developments in Finland.
The latest order comes as Skanska continues to strengthen its presence in the Nordic construction market through projects across commercial real estate, infrastructure and technology sectors. Earlier this year, the company secured a EUR 100 million contract to expand a data centre for atNorth in Espoo, Finland, highlighting its growing involvement in projects supporting technology and digital infrastructure.
Garmin, known globally for its GPS navigation, wearable technology and aviation, marine and fitness products, has maintained operations in Finland for research, development and business functions. The new facility is expected to support the company's operations in Jyväskylä, although specific details regarding its future use have not yet been announced.
Source Reuters