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Friday, March 8, 2013

NCC to Build New Harbor in Lavik, Western Norway, for SEK 250 Million



“This will be a central part of the refurbishment of the road and ferry network in this part of Norway, where we already have several other road and tunnel projects in progress”
NCC has been commissioned to construct a new ferry harbor, as well as two new bridges, in Larvik, 120 kilometers north of Bergen. The order is valued at approximately SEK 250 million and will be registered among orders in the first quarter of 2013.

The project is part of the refurbishment of the ferry service between Lavik and Oppedal, which in turn is part of the E39 expressway and the most important link between the north and south parts of Western Norway.

“This will be a central part of the refurbishment of the road and ferry network in this part of Norway, where we already have several other road and tunnel projects in progress,” says Henning Simonsen, District Manager at NCC Construction Norway.

The project comprises a new harbor area in Lavik, a new section of the E39 expressway near the beach area and a new bridge and intersection to public highway 607. In addition, the existing E39 through Lavik will be repaired. All this entails 1,8 kilometer of road, including 760 meters of new pedestrian and cycle paths. Parking spaces will also be built at the harbor area.

The project is scheduled for completion in August 2015.

The project will be registered among orders in the NCC Construction Norway business area.

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 March 8, 2013, at 13.00 CET.

All of NCC’s press releases are available at www.ncc.se/press.

NCC is one of the leading construction and property development companies in the Nordic region. In 2012, NCC reported sales of SEK 57 billion and had 18,000 employees. NCC Construction Norway constructs housing, offices, roads, civil engineering structures and other infrastructure in Norway.