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Despite absorbing heavy third-quarter losses nationally, giant Swedish builder Skanska is in fine shape here, according to a company representative.

鈥淗iring is active and indicative of the local office’s sustaining growth and volume to meet the client and project needs in process,鈥� Skanska spokeswoman Dianne Danowski Smith said, citing a 17 percent increase in employees this year at the Oregon-Southwest Washington office.

Skanska last week reported that U.S. revenue for domestic operations was down $77.5 million, spread primarily over its U.S. civil and building divisions.

The company attributes the lost revenue to write-downs in the U.S. construction business, which includes public and private commercial projects as well as infrastructure ones. A factor in the losses is a well-publicized split with Apple over construction of the tech company’s new headquarters in Cupertino, California.

But this month Skanska also announced its involvement in two major projects in the U.S. 鈥� a 17-story multifamily building in Boston and a 250,000-square-foot office building at George Washington University‘s campus in Washington, D.C.

Despite the losses, Skanska estimates that its operating income will be about $111 million for the third quarter, and between $678 million and $739 million for all of 2015.

Smith added that third-quarter reporting is not final. Contributing factors include several projects awaiting client sign-off or change orders.

鈥淓ssentially, not all third-quarter revenue is yet booked, but costs are,鈥� she said.

As of Oct. 21, the Oregon-Southwest Washington office was active on 40 projects.