Releases - NCC

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1999

 

Found press releases

 

NCC secures order valued at SEK 130 million to extend chromium mine in Finland

12/28/1999 6:03 AM EST
Outokumpu Chrome has awarded NCC a contract on tunneling works at their
mine located in Kemi. The total scope of works consisting of sloping and
horizontal tunnels amounts to approximately 15 km. The cross-sectional
2 area of the tunnels varies between 20-40 m . The time for completion is 33
months starting April 2000 and ending December 2002. By its form the
contract is a unit-price...

NCC acquires Danish company for project development of family homes

12/23/1999 4:02 AM EST
NCC is acquiring Bülow & Nielsen, one of Denmark's largest and best-known
type-standard home construction companies. The company produces and sells
around 175 homes each year and has sales of approximately SEK 250 M. There
are some 80 employees. Bülow & Nielsen operate primarily in the Copenhagen
region, where it has a very strong market position.

"The acquisition of Bülow & Nielsen is...

NCC acquires share in Polish civil engineering company

12/22/1999 9:13 AM EST
NCC has acquired slightly more than 25% of the shares in PRInz, Poland's
third largest road construction company, at a price of SEK 60 M. The PRInz
Group has sales of approximately half a billion Swedish kronor and about
2,300 employees. The company has approximately 5% of the road construction
market in Poland and is particularly strong in the Katowice region, where
it has a market share of...

NCC Real Estate divests property in central Gothenburg for SEK 150 million

12/22/1999 5:30 AM EST
NCC Real Estate divests property in central Gothenburg for
SEK 150 million

NCC Real Estate has reached agreement with Vasakronan regarding the sale
of an office property at Gullbergs Strandgata 2-4 in Gothenburg. The
purchase price totals SEK 150 million, which will generate a capital gain
of approximately SEK 76 million for NCC.

"This acquisition will further strengthen our...

NCC will not raise offer price to Selmer ASA shareholders

12/20/1999 11:40 AM EST
After having conducted constructive discussions with the largest
shareholders in Selmer ASA, NCC AB was prepared to raise its offer to
Selmer ASA shareholders to NOK 105 per share in cash.

A prerequisite for the offer from NCC was that Selmer ASA's management and
board of directors showed support for the acquisition.

Following a dialog with Selmer ASA's management, NCC concluded...

NCC to build experience center at Kungens Kurva for SEK 130 million

12/20/1999 7:36 AM EST
NCC has received an order for the construction of an experience center at
Kungens Kurva, Stockholm, beside the E4 highway to Södertälje. The
customer is the UK company Heron international. The order value of this
general contract project is SEK 130 million.

An experience center of this type, which will be built on the basis of an
American idea, will be something completely unique in...

NCC selected for Nicaraguan order worth appr SEK 200 million

12/8/1999 2:54 AM EST
NCC has been commissioned to reconstruct 44 kilometers of highway and
construct/restore a total of six bridges in northern Nicaragua. The country's
infrastructure was severely damaged by the torrential rain that resulted from
Hurricane Mitch in October 1998. The order is worth appr SEK 200 million and
is mainly being financed by the Swedish foreign aid agency Sida (Swedish
International...

NCC makes an offer for Selmer, Norway's largest construction company

12/6/1999 2:03 AM EST
December 6, 1999



NCC makes an offer for all outstanding shares (95%) in Norway's largest
construction company, Selmer ASA. The remaining 5% percent of the shares are
owned by Selmer. The shareholders in Selmer are offered NOK 90 per share,
which values the company at approx. NOK 2,000 million (SEK 2,130 million). The
rate of the Selmer share has averaged NOK 70 during the...

NCC sells property in central Stockholm to AMF Försäkring for SEK 330 million

12/1/1999 9:00 AM EST
NCC Real Estate has reached an agreement with the Swedish insurance company,
AMF Försäkring, regarding the sale of the leasehold to the Lybeck 2 property
on Tegeluddsvägen, Stockholm. The sales price of SEK 330 million will generate
a capital gain of approximately SEK 20 million for NCC.

"The sale is in line with our strategy of divesting fully developed properties
in order to release...

NCC and Alfred Palmberg sell Helsinki real estate project for SEK 145 million

11/29/1999 7:03 AM EST
NCC Finland has reached an agreement with Sampo, a Finnish insurance company,
regarding the sale of Phase 3 of the Stella Business Park office project in
Helsinki. The project is owned equally by NCC (50%) and Alfred A. Palmberg
(50%). The total sales price of SEK 145 million will generate a healthy
capital gain for NCC.

The approximately 7,000-m2 project will...

NCC

NCC is one of the leading construction and property development companies in the Nordic region. The Group had sales of SEK 49 billion in 2010, with approximately 17,000 employees.

NCC develops and builds residential and c...

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Magnus Jonsson
  • Magnus Jonsson
  • External Communication Manager
  • +46 (0) 8 85 77 75
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