October 21, 2014 11:13 PM ET

Construction and Engineering

Company Overview of NCC Construction Sweden AB

Company Overview

NCC Construction Sweden AB provides construction services. It builds schools, hospitals, sports facilities, houses, roads, bridges, railways, and power plants. The company also builds tenant-owned apartments in Stockholm. In addition, it produces asphalt products, stone materials, and aggregates; provides paving work and road services; and engages in the property development. The company is based in Solna, Sweden. It has operations in Stockholm, Gothenburg, and Malmö, Sweden; and St. Petersburg, the Russian Federation. NCC Construction Sweden AB operates as a subsidiary of NCC AB.

Vallgatan 3

Solna,  17080

Sweden

Phone:

46 8 58 55 10 00

Fax:

46 86 24 05 19

Key Executives for NCC Construction Sweden AB

Chief Executive Officer and President
Age: 50
Regional Manager of NCC's Residential Construction Operations
Age: 43
President of NCC Housing Business Area
Age: 50
Acting Senior Vice President of Corporate Communications - NCC Group
Compensation as of Fiscal Year 2014.

NCC Construction Sweden AB Key Developments

NCC Construction Sweden Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

NCC Construction Sweden announced unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of SEK 5,145 million against SEK 5,592 million a year ago. Operating profit was SEK 146 million against SEK 145 million a year ago. For the six months, the company reported net sales of SEK 9,340 million against SEK 10,251 million a year ago. Operating profit was SEK 195 million against SEK 202 million a year ago.

NCC Construction Sweden to Build Housing for HSB

NCC has been commissioned by HSB to build 92 apartments at the Finnbodavarvet area of Nacka. The order is worth SEK 275 million. The project comprises a total of 92 apartments of sizes ranging from 60 to 106 square meters. The apartments will be built overlooking the water on newly constructed piers in the former industrial and shipyard area of Finnboda Hamn in Nacka, south of Stockholm. Partnering is a cooperative format whereby the key participants in a project jointly resolve issues arising in an assignment by means of an open dialog focusing on the best interests of the project. Piling work in the water will commence in October. Subsequently, two piers will be molded, which will form the foundation of the apartment buildings. Occupancy is scheduled for autumn 2016. The order will be registered during the second quarter of 2014 in the NCC Construction Sweden business area.

Ruukki Signs Contracts with NCC Construction Sverige to Deliver Roof Structure and Facade for ELON Elkedjan Logistic

Rautaruukki Corporation, or Ruukki has signed contracts with NCC Construction Sverige AB to deliver steel frame, roof structure and facade for a central warehouse for ELON Elkedjan Logistic, or EEL. The contracts are worth a total of more than €6 million. EEL consist of two chains: ELON and Elkedjan. The chain's new central warehouse is located in Orebro. Ruukki is to design, deliver and install the frame, facades and roof for the warehouse. Ruukki's deliveries will begin in July and be completed in October this year. The building is around 25,000 square metres and will be brought into use in November 2014. Ruukki is to deliver the steel frame and roof structures for the new maintenance depot for Storstockholms Lokaltrafik's (Stockholm Public Transport) metro maintenance vehicles. Deliveries will begin in September this year and be completed in spring 2015. Ruukki's delivery also includes design, fire protection and installation, together with the installation of concrete elements sourced by the customer. The depot is around 20,000 square metres. The lead contractor and Ruukki's customer in both projects is NCC Construction Sverige AB.

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