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NCC: NCC secures order for refurbishment of housing units in Denmark for SEK 610 million

NCC is to carry out the extensive refurbishment of 493 town houses in
Albertslund in Denmark on behalf of Albertslund Boligselskab. The
order is worth SEK 610 million and will thus be NCC's largest
refurbishment project to date.

Many detached houses and housing cooperatives were built in
Albertslund during the construction boom in Denmark in the 1960s.
However, the designs, materials and construction methods used have
led to high heating costs and problems with the indoor climate, and
the housing units are now somewhat dilapidated. For this reason, NCC
will begin the refurbishment of the 493 H-shaped town houses in
southern Albertslund, to the west of Copenhagen.

"We are pleased that we have secured this agreement, which involves
extensive refurbishment work. We will re-pour the concrete floors in
all houses, construct new interior walls, build new bathrooms and
kitchens, lay new flooring and re-install piping and plumbing," says
Klaus Kaee, Business Area Manager for NCC Construction Denmark.

As part of the refurbishment process, the energy efficiency of the
houses will be optimized to modern-day standards, thus enhancing the
standard for the entire residential area.

Hidden challenges may materialize during a refurbishment that could
impact the schedule. Accordingly, it is NCC's highest priority to
ensure a well-functioning work process based on close cooperation
between all partners in the project.

"We know from experience that we achieve the best results when we work
actively to ensure close cooperation between all partners in the
project. Although the refurbishment will not commence until the
spring, work will soon begin on establishing targets and success
criteria for all parties involved in the project. Such activity will
involve holding workshops with all parties, including experts,
construction companies and advisors," says Brian Hasfeldt, Project
Director at NCC Construction Denmark.

The residents will be rehoused during the process, which will commence
in May 2016 and is scheduled to be completed in September 2019.

The order will be registered in the fourth quarter of 2015 in the NCC
Construction Denmark business area.

For further information, please contact:

Ghita Borring, Communications Director, NCC Construction Denmark, +45
41 70 44 40

Anna Trane, Press and PR Manager, NCC, +46 708 84 74 69

NCC's media line +46 8 585 519 00, e-mail:, NCC's image

This is the type of information that NCC could be obligated to
disclose pursuant to the Securities Market Act. The information was
issued for publication on December 18, 2015 at 8 a.m.

About NCC. Our vision is to renew our industry and provide superior
sustainable solutions. NCC is one of the leading companies in
construction, property development and infrastructure in Northern
Europe, with sales of SEK 57 billion and 18,000 employees in 2014.
The NCC share is listed on the NASDAQ Stockholm exchange.


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