NCC news in Finland

02/11/2011
NCC’s acquisition of Destia’s asphalt operations approved subject to conditions The Finnish Market Court has approved NCC’s acquisition of Destia’s asphalt operations subject to certain conditions. NCC will now analyze the conditions while also awaiting the position taken by the Finnish Competition Authority concerning a possible appeal to the Supreme Administrative Court, before the transaction can be finalized.

08/09/2011
NCC to launch a EUR 150 million hybrid project in Hämeenlinna The centre of the City of Hämeenlinna is expanding and reforming due to an interesting deck project. Hämeenlinnakeskus, which will be built on top of a motorway, comprises extensive commercial facilities and approximately 200 apartments.

17/08/2011
Biltema an anchor for NCC’s Lahti retail park project Swedish department store chain Biltema is expanding its operations at a commercial property developed by NCC at Renkomäki in Lahti.

05/08/2011
Finnish Competition Authority opposes NCC’s acquisition of Destia’s asphalt paving operations The Finnish Competition Authority has opposed NCC’s acquisition of Destia’s asphalt paving operations. The Authority has requested that the Market Court forbid the planned corporate merger.

10/06/2011
NCC to build schools and daycare center in Haukipudas in Northern Finland The project will be conducted in accordance with a lifecycle model whereby, in addition to construction, it also includes maintenance of the buildings.

24/03/2011
NCC to acquire Destia’s asphalt surfacing business – strengthens its position in Finland The acquisition includes Destia’s asphaltmanufacturing and paving operations, primarily in the infrastructure segment, and the company’s existing order backlog and workforce.

30/12/2010
NCC sells business property in Joensuu to Aberdeen property fund NCC Property Development has sold their Kiinteistö Oy Joensuun Voimatie 12 business property to the by Aberdeen Asset Management Finland administered Aberdeen Property Fund Finland I.

29/12/2010
NCC sells GreenBuilding office near Helsinki NCC Property Development has sold the property Alberga A, which is part of Alberga Business Park in Espoo, near Helsinki, for EUR 35 million. The purchaser is the German property company Union Investment Real Estate GmbH. The sale will generate a positive impact on earnings during the fourth quarter of 2010.

23/12/2010
NCC sells residential property in St. Petersburg for EUR 11 M NCC Housing in St. Petersburg has signed an agreement for the sale of one building in the second stage of the Swedish Krona project in St. Petersburg. The buyer is SATO, one of Finland’s leading corporate investors in housing.

15/12/2010
NCC sells GreenBuilding office near Helsinki NCC Property Development has sold the Pilke property, part of the Plaza Business Park area in Vantaa, north of Helsinki, for about EUR 17,8 million. The purchaser is the German property investment company, Union Investment Real Estate GmbH. The sale will have a positive impact on earnings in the fourth quarter of 2010.

Contact information

NCC companies
PL 13
FI-00281 Helsinki
Tel. +358 10 507 51
E-mail: viestit@ncc.fi

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