Press

Sweco is today releasing historical restated financial information considering the adjusted Business Area structure. Moreover, the financial statements for all periods of 2018 are restated pursuant to IFRS 16, the new standard for accounting of leases. Both the adjusted Business Area structure and IFRS 16 are applicable as of January 1, 2019. The purpose of this release is to facilitate comparability with historical periods.

One of Southern Africa’s largest hydropower plant in Mozambique is in need of rehabilitation and Sweco has been commissioned as advisor and to monitor the installation of new equipment. The customer is Hidroeléctrica de Cahora Bassa, S.A. and the order value is approximately 5,2 MUSD.

Energy production is a major source of global carbon dioxide emissions. Switching to renewable energy sources would result in significant reductions in emissions. A new report concludes that even though the necessary technology and infrastructure is available to increase the use of renewable energy, ineffective approaches and disapproving attitudes are still holding us back.

The consortium of Sweco and BG Ingénieurs Conseils has been appointed by Brussels Mobility for the design and supervision of the large-scale renovation of the Belliard and Loi tunnels. The order value is SEK 56 million (EUR 5.3 million).

Each year, Veckans Affärer, a Swedish business magazine, names the 125 most powerful women in Swedish industry. Right at the top of the list is Åsa Bergman, President and CEO of Sweco.

Sweco has been commissioned to design a total of 40 km of new road sections in Poland. The total order value is SEK 64 million.