News / stak-sland-to-build-new-united-states-embassy-in-reykjavik

21.08.2015 - Company announcement

Ístak Ísland to build new United States Embassy in Reykjavik

Ístak Ísland H/F, the Icelandic subsidiary of Per Aarsleff A/S, has entered into an agreement with the US authorities to build a new United States Embassy in Reykjavik.

Construction work will begin next month and last just less than three years. The contract is worth about DKK 220 million.

The agreement will not affect Aarsleff's earnings expectations for the financial year 2014/2015 ending 30 September 2015.