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NCC secures SEK 3.3 billion refurbishment framework agreement in Denmark

NCC has signed a four-year framework agreement valued at more than SEK 3.3 billion with the public housing company fsb in Denmark. NCC will work in partnership with COWI, RUBOW Architects, Smith Innovation and BM Byggeindustri.

The partnership, which has been named HJEM (HOME), will collaborate with fsb primarily in relation to refurbishments and planning, and potentially a number of new buildings. The projects will vary in size from small-scale assignments with a value of SEK 1 million to large-scale projects of up to SEK 700 million. In 2019, projects worth between SEK 700 million and SEK 800 million are expected to be initiated under the framework agreement.

HJEM was chosen in competition with two other pre-qualified teams. The framework agreement covers a period of four years with the possibility of extension for a further two years.

NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of SEK over 57 billion and 16,500 employees in 2018. The NCC share is listed on NASDAQ Stockholm.



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