An overview of a major construction site by NCC AB in Sweden, showcasing progress on multiple projects.
NCC AB has announced the securing of a SEK 300 million construction contract from the Swedish Fortifications Agency, marking a significant project in their portfolio. Additionally, they will build a new police station in Örnsköldsvik for Kåpan Fastigheter, valued at SEK 440 million, expected to begin construction immediately. The ongoing initiative also includes a sand recycling plant in Skellefteå, showcasing NCC’s commitment to innovative and sustainable construction solutions. These developments are projected to enhance NCC’s market position and generate economic benefits for the regions involved.
NCC AB has successfully secured a significant construction contract valued at SEK 300 million from the Swedish Fortifications Agency. The start of this crucial project is set to commence immediately in northern Sweden, marking a notable addition to NCC’s portfolio.
This latest contract will be logged under NCC’s Infrastructure business area in the second quarter of 2025. Winning this project is seen as a strategic move that could bolster the company’s market position while enhancing stakeholder value. Analysts currently have a positive outlook on NCC AB stock, rating it as a Buy with a price target of SEK 155.00.
NCC is a prominent construction firm in the Nordic region, renowned for its expertise in managing complex construction processes and undertaking large-scale building and infrastructure projects. In its most recent reports for the year 2024, NCC revealed sales amounting to approximately SEK 62 billion while employing around 11,800 people. The company’s stock is listed on Nasdaq Stockholm, boasting a market capitalization of SEK 15.66 billion. On average, 287,873 shares of NCC AB are traded daily.
In a related development, NCC has also been commissioned by Kåpan Fastigheter to construct a new police station for the Swedish Police Authority located in Örnsköldsvik. The contract for this project is valued at approximately SEK 440 million (around $46.76 million), with an anticipated completion date set for 2028. The upcoming facility will cover about 10,000 m² and will feature various essential amenities, including offices, meeting rooms, exercise areas, goods reception spaces, and garages.
This new police station will be strategically situated adjacent to the Paradiset waterpark in central Örnsköldsvik and is expected to meet Miljöbyggnad Silver certification standards, ensuring it adheres to high environmental performance criteria. The ordering of this project will similarly be registered in the NCC Building Sweden business area in the second quarter of 2025, with construction kicking off immediately.
In addition to the aforementioned contracts, NCC is also gearing up to start the construction of an advanced sand recycling plant in Skellefteå, Sweden. This project has been commissioned by Boliden and is expected to commence in the third quarter of 2025, with completion anticipated in 2026. The sand recycling plant will include a specialized recycling building, a silo, and a media bridge to facilitate operations.
According to Kenneth Nilsson, head of NCC Infrastructure, the sand recycling initiative will integrate various areas of expertise within the company. This approach is vital for the complex nature of the construction process involved.
With multiple projects underway, NCC AB is poised to strengthen its presence in the Nordic construction sector and deliver innovative and environmentally conscious solutions for its growing portfolio of clients. As these developments progress, they are expected to generate increased activity and economic benefits for the regions involved.
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