Skanska is investing CZK 2.2 billion (around SEK 1 billion) into the fourth phase of its Emil Kolben District project in Prague, Czech Republic. The scheme features 272 low-energy apartments and five commercial units, built around the site's industrial heritage. With construction starting in November 2026, the construction contract worth CZK 1.3 billion will be booked under Skanska's European order intake for the fourth quarter of 2026.