Press Releases

NCC to construct 584 apartments in northwest Stockholm

NCC has been commissioned by fund manger Slättö to construct 584 rental apartments in Bromsten in the northwest of Stockholm. The project is a turnkey contract with an order value of approximately SEK 665 million.

NCC to build Bentsebrua school in Oslo

NCC has signed an agreement with the municipality-owned Undervisningsbygg KF to build Bentsebrua school in Oslo, Norway. The school, which encompasses 9,000 square meters and will accommodate 540 students, will be constructed to meet high environmental standards. The order value is approximately SEK 360 million.

NCC to construct 164 residential units in Jönköping for Vätterhem

NCC, in cooperation with Vätterhem, is to construct 120 rental units and 44 sheltered housing units in the Strandängen city district of Jönköping. The project is included in the parties’ strategic partnering arrangement. The order value is approximately SEK 400 million.

NCC sells land in Järva Krog to Aros Bostad

NCC sells land in Järva Krog, Solna, to Aros Bostad for approximately SEK 260 million. The purchase includes development rights corresponding to about 190 new residential units that Aros Bostad will construct with NCC as the turnkey contractor.

Interim report for the third quarter and January-September 2021

A strong quarter.

Invitation to presentation of NCC’s interim report for the third quarter 2021

NCC to construct 191 energy-efficient apartments for NREP in Finland

NCC has been commissioned by NREP to construct 191 apartments in Espoo, Finland. The apartments will be completed during summer 2023. The project is a design-build contract with an order value of approximately SEK 240 million.

NCC to construct stormwater tunnel in Copenhagen

NCC, in a joint venture with SMET, has been commissioned to construct a 1.3-kilometer surface water and stormwater tunnel in central Copenhagen. The project is to be performed on behalf of utility companies HOFOR and Frederiksberg Forsyning and is scheduled for completion in 2026. The order value for NCC is approximately SEK 300 million.

NCC receives payment from collectively bargained AGS group sickness insurance policy

Afa Försäkring has decided to make lump-sum payments of surpluses within the collectively bargained AGS group sickness insurance policy. For NCC this is expected to have a positive impact on EBIT in the fourth quarter of 2021 of approx. SEK 160 M, of which approx. SEK 28 M is reported in the Industry business area and approx. SEK 9 M in other subsidiaries. The remaining approx. SEK 123 M is reported in the Group under Other and eliminations.

NCC divests the asphalt business in Finland to Asfalttikallio

NCC divests its Finnish asphalt business to the Finnish based company Asfalttikallio. As previously announced, this is a small unit within NCC that has been loss-making for several years and has a better strategic fit with another owner. The transaction is expected to have a negative impact of SEK 180 M on the earnings in business area Industry in the fourth quarter 2021.