The beginnings of Skanska business activities in the Czech Republic date back to 1950s, when Zemstav, a company specialized on construction works, was established. In 2000, Skanska gained controlling share in IPS a.s. However, Skanska’s history in the world dates back to the 19th century.

The origin of Skanska dates back to 1887 when Rudolf Fredrik Berg, a Swedish chemist with a passion for reinforced concrete and new technologies started Aktiebolaget Skånska Cementgjuteriet in Southern Sweden, manufacturing concrete products.

This company transformed to an international concern over time that focuses on providing complex construction services. Title Skanska has been used since 1984.

Skanska Group employs 43 000 employees worldwide and operates in selected markets in Europe and in the United States.

The group is headed by Skanska AB with its head office in Stockholm, whose shares are traded on Stockholm Stock Exchange (NASDAQ Stockholm).

1887 AB Skanska Cementgjuteriet was established

1897 First foreign contract (Great Britain)

1902 First foreign branch

1927 First construction of an asphalt road in Sweden

1953 Czechoslovac republc: The Zemstav Company was established – specialized on construction works

1961 Change of name from Zemstav to Inženýrské a průmyslové stavby and broadening the spectrum of business

1965 AB Skanska Cementgjuteriet registered on Stockholm Stock Exchange

1984 Change of name from AB Skanska Cementgjuteriet to Skanska

1991 Foundation of a joint stock company Inženýrské a průmyslové stavby a.s., state is a 100% owner

1992 The company Inženýrské a průmyslové stavby a.s. was privatized during the voucher privatization

1997 Skanska Property Czech Republic, s.r.o. was established

1998 Change of name to IPS a.s.

2000 Skanska gained controlling share in IPS a.s.

2001 Change of name to IPS Skanska a.s.

2002 Change of name to Skanska CZ a.s.

2008 Changing the structure from division to holding, Skanska CS a.s. leads the group, the sole owner is Skanska AB headquartered in Sweden.

2010 Changing the structure from holding to division – Skanska a.s., the sole owner is Skanska AB headquartered in Sweden.

2012 Skanska celebrates 125th anniversary

2016 Skanska Construction Romania and Hungary has become part of the business unit Skanska Czech Republic and Slovakia, thus creating seventh division.