EMCC European Monitoring Centre on Change

NCC

Company/Organisation:
NCC

Geographic Location

Country: Sweden
Region: Södermanlands län; Östra Mellansverige
Location of affected unit(s): Stockholm

Company

Sector: Construction
Construction
41.20 - Construction of residential and non-residential buildings
Number Employed: 430
Group: NCC Group

Employment Effects

Announcement Date: 03-10-2012
Planned Job Reductions min: 100
Type of Restructuring: Internal restructuring
Direct Dismissals: 100

Additional Information

Swedish construction company NCC (Nordic Construction Company), has announced that it is to cut 100 jobs within its unit NCC Housing Sweden in Stockholm. According to the company, the decision is taken with the background of the economic situation in the area of ​​new construction of residential properties. The planned downsizing affects about 20-25 percent of the company’s total workforce of 430.

NCC's business sectors include construction, housing, property development and infrastructure construction. NCC primarily conducts operations in the Nordic region, but also in the Baltic countries and Germany.