Swedish construction giant Skanska said on Wednesday that it is establishing a new global unit to support the group's worldwide operations in the dispersal of green construction technology.

The venture is an extension of Skanska's efforts in recent years to create buildings that are energy-efficient and have low environmental impact. The new subsidiary for green business will be called Skanska Green Business and will be headed from Stockholm but will have employees throughout Skanska's operations in Europe and the US. Cecilia Fasth will head the new unit as Green Business Officer at Skanska and will report to Skanska's president and CEO Johan Karlström.

'Increasing the pace of, spreading and commercializing green construction globally is currently the highest priority at Skanska. The technology and competence required to construct energy-efficient and environmentally correct projects on a large scale is now available and it also makes for economically viable business,' said CEO Karlström.

Cecilia Fasth has worked at Skanska since 1996 and held a number of positions in commercial property development. She has been president of Skanska Fastigheter Gothenburg since 2006.

 

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