Skanska AB engages in the provision of construction and project development businesses. It operates through the following segments: Construction, Residential Development, and Commercial Property Development. The Construction segment includes both building construction and civil construction. The Residential Development segment develops residential projects for immediate sale. The Commercial Property Development segment initiates, develops, leases, and diverts commercial property projects. The company was founded by Rudolf Fredrik Berg in 1887 and is headquartered in Stockholm, Sweden.