Skanskas Årsredovisning År 2000

Total Page:16

File Type:pdf, Size:1020Kb

Skanskas Årsredovisning År 2000 “A world leading company in construction-related services and project development” REVIEW OF OPERATIONS Annual Report 2000, Part 1 100 Skanska Annual Report 2000 Skanska’s mission is to develop, build and maintain the physical environment for living, traveling and working. Skanska’s vision is to be the world leader – the client’s first choice – in construction- related services and project development. During 2000, Skanska’s development was characterized by strong growth and sharply improved earnings in its core business. Skanska has ten main geographic markets and net sales were SEK 108 billion during the year. Ericsson Hewlett Packard Telecommunications (EHPT) moved into its new office building in Gothenburg, Sweden, during the year. The building is an example of Skanska’s value-generating project development work. The project was designed, built and sold during a 25-month period. Contents Contents, Part 1, Review of Operations Note to the reader • Comments by the President and CEO 4 • Organization and fields of operations 16 Skanska’s Annual Report consists of • Mission and strategy 6 • Market review 18 two parts. • Targets and their fulfillment 7 • Project example: JFK, New York 22 Review of Operations, Part 1, focuses on • Profitable growth 8 • Share data 24 strategic development, the new organiza- tional structure and a market review. It • Acquisitions 9 • Five-year Group financial summary 26 also contains a five-year financial summary • New businesses 10 • Board of Directors 28 and a section on Skanska share data. • Focusing on core business 11 • Senior Executive Team 29 Financials, Part 2, contains the Report of • Strategic fields of development 12 • Annual Shareholders’ Meeting – Financial information during 2001 30 the Directors, the income statements and • Project example: Santiago de Chile 14 balance sheets, accounting and valuation • Addresses 32 principles and notes to the financial state- ments for 2000. Year-end exchange rates, 2000: EUR 1 = SEK 8.84, GBP 1 = SEK 14.17, USD 1 = SEK 9.50. Raiffeisen Business Center in Poland will be completed during 2001. The Dow Jones Sustaina- bility Group Index ranks Skanska as an industry leader in environmental The magazine Forbes Global ranks and social terms. Skanska number two in the world construction market, in an analysis based on growth and profitability. The elegant Swiss Reinsurance Uddevalla bridge Company ordered a in Sweden was London office building, inaugurated whose elliptical shape during the year. has attracted great attention. (photo montage) 2 CONTENTS Skanska Annual Report 2000 The year in brief • Skanska established leading market • Order bookings +31% SEK 127.0 bn positions in Poland, Norway, the Czech Republic, Great Britain and • Order backlog +72% SEK 160.7 bn Hong Kong, while further strengthen- • Net sales +37% SEK 108.0 bn ing its position in the United States through acquisitions of companies. • Operating income in core business +65% SEK 4.4 bn • Skanska continued to focus on its core • Income after financial items +24% SEK 8.5 bn business, and the divestment of other • Net profit per share +43% SEK 53.60 operations was largely completed. • Return on shareholders’ equity 34.3% • Capital gains in project development operations and strong value growth • Return on capital employed, adjusted in Skanska’s property portfolio for items affecting comparability generated substantial added value. and share divestments 18.2% The Sports Palace in St. Petersburg, Russia is the new arena that hosted the 2000 ice hockey world championships. In Prague, Czech Republic, IPS Skanska completed Gåshaga Piers is a new residential area a new office building for MUZO A.S. during the year. in Lidingö, near Stockholm, Sweden. it was developed and built by Skanska. (Illustration) The University of Pennsylvania in Philadelphia keeps its build- ings comfortable during the summer with this cooling tower system. THE YEAR IN BRIEF Skanska Annual Report 2000 3 Comments by the Skanska’s operations are characterized by profitable growth. President and CEO Business developed favorably during 2000 in terms of order bookings, net sales and earnings. This has also generated good value growth for our shareholders. Earnings and profitability example pharmaceuticals and the IT/telecom sector. Operating income in our construction business We are also developing new businesses where increased once again during 2000. Together with we can generate value added based on our core capital gains in our project development business, competence. Facilities management (FM) and the where the turnover rate in our property portfolio telecom sector are two examples of fields in which was again high last year, this led to a sharp earnings we improved our positions last year. By acquiring increase in the Group’s core business. Return on Ericsson Real Estate Management (REM), we both capital employed and shareholders’ equity established a good base for the continued expan- rose. Skanska exceeded its financial targets for sion of our FM business. We are now gathering our growth, operating income and return on equity. cutting-edge expertise in the design, technology and construction of telecommunications infrastruc- New markets ture in a newly established business unit, Skanska With the acquisition of Exbud, Selmer, IPS and Telecom Networks. In the telecom field, we are Kvaerner Construction, Skanska established leading pursuing an alliance with MasTec in the United market positions in Poland, Norway, the Czech States, which developed nicely during the year. Republic and Great Britain, respectively, entirely according to the strategy that we have followed in Client-focused organization recent years. In the United States, we expanded our In our business, it is important to have decentralized local market presence. Kvaerner Construction, now operative decision-making, close to the client. Skanska UK, also brought us substantial interests in Because of our strong expansion in recent years, businesses in Hong Kong and India. our organizational structure now needs to be adjusted. We are therefore introducing a new, Multi-dimensional growth flatter structure, based on a relatively large number Our ambition to create profitable growth has mul- of business units reporting directly to a Senior tiple dimensions. Aside from broadening our geo- Executive Team at the Skanska Group level. Aside graphic base through acquisitions of companies, from ensuring client focus and decentralization, we possess the advantage of already having a strong the new organizational structure allows faster position in many markets with robust growth. In decision making processes and greater transpar- addition, we have built up strong relationships with ency, while stimulating the transfer of expertise large clients in fast-growing industries, for between units. 4 COMMENTS BY THE PRESIDENT AND CEO Skanska Annual Report 2000 Dedicated employees sted in our core business, but that has also directly The positive developments at Skanska last year benefited our shareholders, by means of dividends were a result of extraordinary contributions by our and other forms of capital transfers. The Board of employees. The key to continued success lies in Directors is proposing that the Skanska shares their dedication, as well as in our ability to retain repurchased by the Company since the last Annual and recruit capable employees. We must therefore Meeting be cancelled, which implies an adjustment be able to offer attractive assignments and various in Skanska’s capital structure. types of human resource development. The man- Our capital base remains strong, something I ager evaluation and reward systems we work with regard as an important precondition for successful are vital in this context. Group business development. The new share buy- back program that the Board is proposing will mean- Social developments and environmental responsibility while allow further adjustments during the coming Construction affects overall social developments, year. In order to increase the liquidity of Skanska as well as the physical environment. These aspects shares, the Board is also proposing a split, with share- are thus of key importance to Skanska’s operations holders receiving four new shares for each old one. and play an increasingly important role in our dia- logue with clients. Our certified environmental Outlook for 2001 management system is now helping to strengthen Order bookings remained good early in the year, our competitiveness, especially in an international thereby further strengthening the order situation. perspective. Although we have come a long way in The businesses that we recently acquired, as well as this field, we still have a lot to do in order to Skanska’s own project development, also have signif- become even better, both at the overall level and icant profitability potential. My overall judgment at individual work sites. We are now continuing is therefore that earnings in our core business will our efforts toward this end. increase during 2001 compared to last year. Stockholm, March 2001 Core business and capital structure The process that we initiated a number of years ago in order to focus more sharply on our core business has now essentially been completed. This CLAES BJÖRK has freed up capital that we have primarily inve- President and CEO COMMENTS BY THE PRESIDENT AND CEO Skanska Annual Report 2000 5 Mission and strategy LIVING TRAVELING WORKING Mission • Skanska’s mission is to develop, build and maintain the physical environment
Recommended publications
  • Järfälla Is Located 20 Km Northwest of Stockholm by Lake
    Photo: Mikael Nasberg Mikael Photo: Järfälla is located 20 km Järfälla not only offers beautiful nature Järfälla in figures northwest of Stockholm by experiences. Barkarby commerce site Lake Mälaren. Although is one of Sweden’s most popular shop- Number / percentage Stockholm city is near - 20 ping areas. Next to the retail center is Area 6350 ha Green areas 38% minutes by train or car to one of Järfälla’s largest development areas. The new Barkarby city will con- Developed land 47% Stockholm Central - you Water 15% sist of 5000 residential, 6000 workpla- can find almost everything Population 66,211 ces and 200 retail premises. Local tax 30.73 in the municipality. The municipality has four city districts: Barkarby-Skälby, Jakobsberg, People have lived in the area that Viksjö and Kallhäll-Stäket. The com- Contact Information today is Järfälla since the Neolithic munications are good. There are three period. Rune stones, burial grounds commuter train stations; Barkarby, Järfälla kommun and hill forts remind us of old Järfälla Jakobsberg and Kallhäll. Buses operate 17780 Järfälla citizens. the municipality’s residential areas Telephone: Järfälla has always been a natural and there are also cross-connections 08-580 285 00 www.jarfalla.se meeting place. Ever since the Middle with the surrounding municipalities. Ages, several important roads pas- European highway 18 runs through sed through Järfälla and during the the entire municipality, as well as train 1600s it became a central hub with line Mälarbanan. Arlanda and Brom- an assembly place, church and castle. ma airports are nearby. The 1,000-year history attracts many visitors today.
    [Show full text]
  • SKF Cylindrical Roller Bearings - Always in the Lead Contents
    SKF cylindrical roller bearings - always in the lead Contents The SKF brand now stands for more than ever before, 1 Product information ................................................. 3 and means more to you as a valued customer. Accommodate heavy loads, high speeds and axial displacements...................................................... 3 While SKF maintains its leadership as the hallmark of SKF single row cylindrical roller bearings – quality bearings throughout the world, new dimensions better by design ........................................................... 4 in technical advances, product support and services SKF standard bearings – benefits ............................... 5 have evolved SKF into a truly solutions-oriented supplier, Optimized cross section .............................................. 5 creating greater value for customers. Optimal contact conditions ......................................... 5 Interchangeability of bearing components .................. 5 These solutions encompass ways to bring greater Cages made of three different materials ..................... 6 productivity to customers, not only with breakthrough A wide product range .................................................. 7 application-specific products, but also through leading- SKF Explorer cylindrical roller bearings – edge design simulation tools and consultancy services, a new level of performance ......................................... 10 plant asset efficiency maintenance programmes, and Availability ...................................................................
    [Show full text]
  • Presentation of Directors According to the Nomination Committee's
    Presentation of directors according to the Nomination committee’s proposal NEW ELECTION OF: Anders Nielsen Current occupation: Head of Business development at Volkswagen Truck & Bus including brands such as MAN and SCANIA Education: Industrial Engineering and Management at Linköpings Tekniska Högskola Born: 1962 Other assignments: - Previous experience: Anders was employed at Scania in 1987. During his first years at Scania he was Production manager for transmissions and cabins as well as Techincal director for Latin America. In recent years, Anders has been globally responsible for operations and logistics within Scania before he in 2012 was appointed President for MAN Truck & Bus. No. of shares: - RE-ELECTION OF: Göran Carlson Chairman of the board Member of the audit committee Elected: 2010 Current occupation: Investor Education: MBA Born: 1957 Other assignments: Vice chairman of Svenskt Tenn AB Previous experience: Previously President of Ur & Penn, CEO and owner of c/o Departments & Stores and founder of pharmacy chain Medstop AB. No. of shares: 2,506,365 Independent: Yes Staffan Jufors Board member Member of the compensation committee Elected: 2013 Current occupation: Board assignments Education: MBA Born: 1951 Other assignments: Board member of ÅF, Akelius Residential Property AB and Nordens Ark. Previous experience: Previously Chairman of the Board of Volvo Buses, President of Volvo Trucks, President of Volvo Penta as well as senior management positions at Volvo Cars. No. of share: - Independent: Yes Magnus Johansson Board member Chairman of the compensation committee Elected: 2011 Current occupation: Advisor and Director, Mejex AB. Education: B.Sc. Degree from Behavioral Science Program Born: 1955 Other assignments: Chairman of the Board of Elektroautomatik AB and Lurn AB.
    [Show full text]
  • Corporate Governance
    Report of the Board of Directors Corporate governance ASSA ABLOY is a Swedish public limited liability company Shareholders with registered office in Stockholm, Sweden, whose Series B At year-end, ASSA ABLOY had 22,232 shareholders share is listed on the Nasdaq Stockholm. 1 (17,720). The principal shareholders are Investment The Group’s corporate governance is based on the Swedish AB Latour (9.5 percent of the share capital and 29.5 percent Companies Act, the Annual Accounts Act, the Nasdaq of the votes) and Melker Schörling AB (3.9 percent of the Stockholm Rule Book for Issuers and the Swedish Code of share capital and 11.4 percent of the votes). Foreign share- Corporate Governance, as well as other applicable external holders accounted for around 64 percent (65) of the share laws, regulations and recommendations, and internal rules capital and around 44 percent (44) of the votes. The ten largest and regulations. shareholders accounted for around 38 percent (35) of the This Corporate Governance Report has been prepared as share capital and 58 percent (56) of the votes. For further part of ASSA ABLOY’s application of the Swedish Code of information on shareholders, see page 123. Corporate Governance. The report is audited by A shareholders’ agreement exists between Gustaf Douglas, ASSA ABLOY’s auditor. Melker Schörling and related companies and includes an ASSA ABLOY’s objective is that its activities should gener- agreement on right of first refusal if any party disposes of ate good long-term returns for its shareholders and other Series A shares. The Board of Directors of ASSA ABLOY is not stakeholders.
    [Show full text]
  • Corporate Governance Report 2020.Pdf
    Corporate governance | Report of the Board of Directors Corporate governance ASSA ABLOY AB is a Swedish public limited liability company in that the Vice Chairman of the Board of Directors, Carl with registered office in Stockholm, Sweden, whose Series B Douglas (Investment AB Latour), is also the Chairman of the share is listed on Nasdaq Stockholm. Nomination Committee. The reason for this deviation is that ASSA ABLOY’s corporate governance is based on the the major shareholders consider it to be important to have Swedish Companies Act, the Annual Accounts Act, Nas- the representative from the largest shareholder as Chairman daq Stockholm’s Rule Book for Issuers and the Swedish of the Nomination Committee. Corporate Governance Code (the Code), as well as other The Corporate Governance Report is examined by ASSA applicable external laws, rules and regulations, and internal ABLOY’s auditor. rules and regulations. ASSA ABLOY’s objective is that its operations should gen- This Corporate Governance Report has been prepared erate good long-term returns for its shareholders and other as part of ASSA ABLOY’s application of the Code. ASSA stakeholders. An effective scheme of corporate governance ABLOY follows the Code’s principle to “comply or explain” for ASSA ABLOY can be summarized in a number of interact- and in 2020 ASSA ABLOY has one deviation to explain. The ing components, which are described below. Nomination Committee deviates from Rule 2.4 of the Code Corporate governance structure 1 Shareholders 3 Nomination Committee 2 General Meeting
    [Show full text]
  • Development of the Urban Form in Helsinki and Stockholm Metropolitan Regions
    PLANNORD Stockholm, The 7th Nordic Planning Research Symposium, August 20th – 22nd 2015 Mika Ristimäki & Panu Söderström Finnish Environment Institute (SYKE) Development of the Urban Form in Helsinki and Stockholm metropolitan regions Backround In recent decades, the Helsinki and Stockholm city regions have been among the most rapidly growing areas in Europe. In addition to the peri-urban area surrounding a dense core area, the areas of impact of both cities include several smaller towns, various development corridors and extensive rural areas. How has the urban form of metropolitan areas been structured from the core to the fringes? How should their development be guided? Answering these questions requires international reference data so that solutions that have been successful elsewhere can be utilised in planning and decision-making, and detrimental effects can be prevented. In order to succeed, the comparison of city regions requires comparable data, applicable methods and identifying the similarities and differences of the administrative and planning systems of the studied regions. In many ways, the Stockholm metropolitan area is an important point of comparison for Helsinki. In terms of its many dimensions, urbanisation in the Stockholm region has been found to be more advanced than in Helsinki, which is why the solutions implemented in Stockholm with regard to urban form should be evaluated in relation to the development of the Helsinki region. A comparative study of the urban form in Helsinki and Stockholm was originally published in the form of a collection of articles in Finnish (ed. Söderström, Schulman & Ristimäki 2014). The publication explored the development of the city regions through GIS and statistical analyses, literature reviews and expert interviews conducted in the regions.
    [Show full text]
  • Electrical and Two- Wheelers Business Unit
    Electrical and Two- wheelers business unit Presented by Franco Ferro Director, business unit Electrical and Two-wheelers SKF Capital Markets Day 2008 Electrical & two-wheelers global presence ERC Fontenay Airasca St Cyr Sopot Cassino Pune Shanghai Bangalore Bangalore Factories Jakarta Technical Center Development Center Tortuguitas • 3,400 employees worldwide • 8 factories in 7 countries • Product development in Europe and Asia Electrical & two-wheelers main customers Home appliance Power tools Electrical motors Two-wheelers Vehicle electric systems Main electrical & two-wheelers applications Electrical & two-wheelers - all platforms Bulgaria outlook SKF Bulgaria factories Deep groove ball bearings Karnare Forgings & rings Kalofer Sopot Seals SKF standard implementation - Sopot SKF standards are being implemented to work with top class customers, like e.g. Electrolux 20Ind06e =x: 100 2006 = 100 % 700 70% 600 60 >500 >50 500 50 400 Sopot 40 Sopot share 300 Sales to 30 Elctrolux of SKF 200 20 Sales to Electrolux 100 10 0 0 2006 2007 2008 2005 2006 2007 2008 Automatic seal process implementation - Kalofer The factory is now the main supplier for small ball bearing seals for West European factories New business for industrial applications - trackstar seal for track chain New ring rolling process - Karnare A new ring rolling process is implemented in 2008 for small ball bearing rings in order to save 12% of raw material Environmental management system Certified to : SS-EN ISO 14001: 2004 Standard Approved by DNV Cost reduction & profitable
    [Show full text]
  • Localisations of Logistics Centres in Greater Stockholm
    Department of Real Estate and Construction Management Thesis no. 182 Real Estate Economics and Financial Services Master of Science, 30 credits Real Estate Economics MSs Localisations of Logistics Centres in Greater Stockholm Author: Supervisor: Gunnar Larsson Stockholm 2012 Hans Lind Master of Science thesis Title: Localisations of Logistics Centres in Greater Stockholm Author: Gunnar Larsson Department Department of Real Estate and Construction Management Master Thesis number 182 Supervisor Hans Lind Keywords Logistics, Stockholm, location, localisation factors, warehouse, terminal, logistics centres, logistics parks, future, scenario. Abstract This study examines how and on what basis logistics centres are located in Greater Stockholm. Its purpose is to formulate a possible future scenario regarding localisations of logistics centres in Greater Stockholm in 10-15 years. Goods transports, distribution, property characteristics, market trends, investment decisions, localisation factors, potential challenges, public plans, transport infrastructure and logistics locations have been investigated in order to form a conclusion. There is a wide range of previous research on most fields mentioned above. Yet there is a gap regarding a picture of them from a market perspective applied to Stockholm’s future. The research method is qualitative, involving 31 interviews (34 respondents) representing logistics companies, goods holders, property developers, investors, consultants and municipalities; as they are making the decisions of tomorrow, i.e. “choose” the locations. The qualitative approach has been complemented with descriptions of infrastructure, regional plans and reports in order to consolidate and complement facts and opinions from the interviews. Together they provide the basis for a final analysis and discussion followed by a possible future scenario of Greater Stockholm’s major logistics locations.
    [Show full text]
  • Sustainable Profit
    SUSTAINABLE PROFIT A handbook for business-driven sustainability work Gunilla Hadders Bengt Olof Hansson Karin Henriksson SUSTAINABLE PROFIT A handbook for business-driven sustainability work © Hadders, Hansson, Henriksson Published by TripleB Publishing 2013, second edition. www.tripleb-publishing.se ISBN 9 789163 397806 Lay out: Karin Henriksson Nature photography by Johan Ernst Nilson, one of the world’s most experienced explorers and nature photographers. Johan Ernst Nilsson is deeply involved with environmental causes and his expeditions are climate-neutral. Portrait photos, cover: Mikael Soudah (Gunilla Hadders and Karin Henriksson), Lennart Durehed (Bengt Olof Hansson) Translation and language support: Maria Dalby We want to show how companies can strengthen their profitability and growth by making continuous and step-wise improvements for people and the environment. The authors SUSTAINABLE PROFIT A handbook for business-driven sustainability work 1 Sustainable profit – what is it? 2 About this handbook 3 The sustainability process 4 Sustainability for the Board and Owners 5 Sustainability for the CEO and the Management team Ericsson, AstraZeneca, Folksam, Getinge 6 The Sustainability Manager – the spider in the web SKF, SEB 7 Sustainability by function SCA, H&M The Finance Manager Skanska, Scandic The Marketing Manager Preem The Product Development Manager Volvo, Driconeq The Production Manager Arla The Environmental Manager Swedavia The Purchasing Manager Coop The Human Resource Manager Loomis The Communications Manager IKEA, Cramo The General Counsel Atlas Copco, Vinge 8 Concluding remarks 9 About us 3 1 SUSTAINABLE PROFIT – WHAT IS IT? Working sustainably is an integral part of normal business development and risk management. Companies can strengthen their profitability and growth by making continuous and step-wise improvements for people and the environment.
    [Show full text]
  • Corporate Governance
    Report of the Board of Directors Corporate governance ASSA ABLOY is a Swedish public limited liability company Shareholders with registered office in Stockholm, Sweden, whose Series B At year-end, ASSA ABLOY had 27,638 shareholders share is listed on the Nasdaq Stockholm. 1 (22,232). The principal shareholders are Invest- The Group’s corporate governance is based on the ment AB Latour (9.5 percent of the share capital and 29.5 Swedish Companies Act, the Annual Accounts Act, the percent of the votes) and Melker Schörling AB (3.9 percent Nasdaq Stockholm Rule Book for Issuers and the Swedish of the share capital and 11.4 percent of the votes). Foreign Code of Corporate Governance, as well as other applicable shareholders accounted for around 64 percent (64) of the external laws, regulations and recommendations, and inter- share capital and around 44 percent (44) of the votes. The nal rules and regulations. ten largest shareholders accounted for around 40 percent This Corporate Governance Report has been prepared as (38) of the share capital and 59 percent (58) of the votes. part of ASSA ABLOY’s application of the Swedish Code of For further information on shareholders, see page 105. Corporate Governance. The report is audited by ASSA A shareholders’ agreement exists between Gustaf ABLOY’s auditor. Douglas, Melker Schörling and related companies and ASSA ABLOY’s objective is that its activities should gener- includes an agreement on right of first refusal if any party ate good long-term returns for its shareholders and other disposes of Series A shares.
    [Show full text]
  • Service & Maintenance Self-Cleaning Hermetic Separators
    Service & Maintenance Self-cleaning Hermetic Separators Product No.: A MRPX 614HGV-14C 881208-01-01 C MRPX 614HGV-74C 881208-01-01 H MRPX 614HGV-74C 881208-01-01 W MRPX 614HGV-74C 881208-01-01 A MRPX 714HGV-14C 881208-02-01 B MRPX 714HGV-14C 881208-02-01 C MRPX 714HGV-74C 881208-02-01 H MRPX 714 HGV-74C 881208-02-01 W MRPX 714HGV-74C 881208-02-01 B BRPX 714HGV-34C 881208-02-01 D MRPX 714HGV-34C 881208-02-01 C MRPX 518HGV-74C 881209-01-01 H MRPX 518HGV-74C 881209-01-01 W MRPX 518HGV-74C 881209-01-01 B MRPX 618HGV-14C 881209-02-01 C MRPX 618HGV-74C 881209-02-01 F MRPX 618HGV-74C 881209-02-01 H MRPX 618HGV-74C 881209-02-01 W MRPX 618HGV-74C 881209-02-01 B BRPX 618HGV-34C 881209-02-01 D MRPX 618HGV-34C 881209-02-01 C MRPX 718HGV-74C 881209-03-01 H MRPX 718HGV-74C 881209-03-01 W MRPX 718HGV-74C 881209-03-01 H MRPX 818HGV-74C 881210-01-01 B MRPX 818HGV-14C 881210-01-02 B BRPX 818HGV-34C 881210-01-02 H MRPX 818HGV-74C 881210-01-02 W MRPX 818HGV-74C 881210-01-02 Product No.: Multiple Book No.: 1271059-02 V5 Alfa Laval Separation AB Separator Manuals, dept. SKEL S-147 80 Tumba, Sweden Telephone: +46 8 53 06 50 00 Telefax: +46 8 53 03 10 40 Printed in Sweden, 00-03 © Alfa Laval Separation AB 2000 This publication or any part thereof may not be reproduced or transmitted by any process or means without prior written permission of Alfa Laval Separation AB.
    [Show full text]
  • URBAN FORM in the HELSINKI and STOCKHOLM CITY REGIONS City Regions from the Perspective of Urban Form and the Traffic System
    REPORTS OF THE FINNISH ENVIRONMENT INSTITUTE 16 | 2015 This publication compares the development of the Helsinki and Stockholm AND CAR ZONES TRANSPORT PUBLIC DEVELOPMENT OF PEDESTRIAN, CITY REGIONS AND STOCKHOLM THE HELSINKI URBAN FORM IN city regions from the perspective of urban form and the traffic system. Urban Form in the Helsinki The viewpoint of the study centres on the notion of three urban fabrics – and Stockholm City Regions walking city, transit city and car city – which differ in terms of their physical structure and the travel alternatives they offer. Development of Pedestrian, Public Transport and Car Zones Based on the results of the study, growth in the Stockholm region has been channelled inward more strongly than in Helsinki, which has increased the structural density of Stockholm’s core areas. During recent years, however, Panu Söderström, Harry Schulman and Mika Ristimäki the Helsinki region has followed suit with the direction of migration turning from the peri-urban municipalities towards the city at the centre. FINNISH ENVIRONMENT INSTITUTE FINNISH ENVIRONMENT ISBN 978-952-11-4494-3 (PDF) ISSN 1796-1726 (ONLINE) Finnish Environment Institute REPORTS OF THE FINNISH ENVIRONMENT INSTITUTE 16 / 2015 Urban Form in the Helsinki and Stockholm City Regions Development of pedestrian, public transport and car zones Panu Söderström, Harry Schulman and Mika Ristimäki REPORTS OF THE FINNISH ENVIRONMENT INSTITUTE 16 | 2015 Finnish Environment Institute Sustainability of land use and the built environment / Environmental Policy Centre Translation: Multiprint Oy / Multidoc Layout: Panu Söderström Cover photo: Panu Söderström The publication is also available in the Internet: www.syke.fi/publications | helda.helsinki.fi/syke ISBN 978-952-11-4494-3 (PDF) ISSN 1796-1726 (online) 2 Reports of the Finnish Environment Institute 16/2015 PREFACE In recent decades, the Helsinki and Stockholm city regions have been among the most rapidly growing areas in Europe.
    [Show full text]