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According to NCC’s articles of association, owners of Series A shares are entitled to request that such shares be converted to Series B shares. Conversion reduces the total number of voting rights in the company.
NCC, together with Vasakronan, will construct Magasin X – Sweden’s largest office property with a frame made entirely from wood, adjacent to Uppsala Central Station. The construction contract has been finalized and the order value is about SEK 415 million.
For the first time, NCC is offering capital markets the opportunity to invest in green projects by issuing green bonds with a total value of SEK 1.6 billion. The invested capital will finance green investments in primarily sustainable commercial property development and the transition in asphalt production to renewable energy sources.
Catarina Molén-Runnäs will become new Business Area Manager of NCC Building Nordics. She will join NCC no later than February 1, 2020 to replace Klaus Kaae who has decided to retire from his operational role as Business Area Manager after a long career with NCC. He will stay on as senior advisor.
NCC has received a new assignment from Bybanen Utbygging, a department of Hordaland County Council in Norway, valued at nearly SEK 900 million. NCC is to construct the D14 Mindemyren project, part of the Bergen Light Rail line.
NCC’s increased focus on safe behavior, best practice and systematic follow-up is making a difference. The accident rate is dropping again. With fewer serious accidents.