NCC AB is a construction company headquartered Solna, Stockholm, Sweden. It develops schools, hospitals, roads, bridges, housing, office and others.
The company’s operations include building and infrastructure project contracting, asphalt and stone materials production and commercial property development.
HISTORY
Although the NCC Group was formed in 1989, Johnson Construction Company (JCC) and Armerad Betong Vägförbättringar (ABV) have been under the same roof since 1988.
In 1987, Nordstjernan AB began acquiring shares in the construction company Armerad Betong Vägförbättringar (ABV). Nordstjernan also had its own construction company called Johnson Construction Company (JCC).
In May 1988, after Nordstjernan increased its shareholding in the company, ABV was considered a Nordstjernan subsidiary.
In June 1988, the President of JCC, Torsten Eriksson, was also appointed President of ABV. He began the process of merging the company’s 20,000 employees under a new organization, Nordic Construction Company (NCC).
In September 1988, Nordstjernan acquired all of the shares in NCC from JCC, upon which the construction operations of JCC and ABV were transferred to NCC.
Following the acquisition, JCC became a subsidiary of NCC and changed its name to NCC Bygg AB.
In 1989, the NCC Group was legally formed.
BUSINESSES
- NCC Infrastructure
- NCC Building Sweden
- NCC Building Nordics
- NCC Industry
- NCC Property Development
With more than 12,500 employees, NCC AB is considered one of the leading construction companies in the Nordics. According to Forbes, it is considered one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and www.ncc.com.
**Video published on YouTube by “NCC AB“
