NCC Group

M&A Activity • Nov 29, 2017

Press release

Nov 29, 2017 No 35/2017

NCC in consortium with Wayss & Freytag awarded phase of the West Link project for SEK 3.8 billion

The Swedish Transport Administration has selected NCC, in consortium out with the German company Wayss & Freytag Ingeniurbau AG, to build the Korsvägen phase of the West Link project. The total order value is SEK 3.8 billion and the contract is expected to be signed in early December.

The total contract consists of building the West Link tunnel, stretching from Landala, via Korsvägen, Örgryte/Jakobsdal to connect with existing tracks in Almedal. Construction start-up is planned for spring 2018 and the project is expected to run until 2026.

The contract will be carried by NCC in consortium with Wayss & Freytag Ingeniurbau AG, each with an approximate stake of 50 percent. NCC will register the order in the Infrastructure business area in the fourth quarter of 2017, provided the award decision is not challenged before the standstill period expires on December 7, 2017.

For further information, please contact: Anna Trane, Head of Corporate Media Relations, +46 70 884 74 69

NCC's media line: +46 8 585 519 00, E-mail: press@ncc.se, NCC's Mediabank

This is the type of information that NCC could be obligated to disclose pursuant to the EU Market Abuse Regulation. The information was issued for publication through the agency of the contact person set out above, on November 29, 2017 at 08:00 CET.

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in construction, infrastructure and property development in the Nordic region, with sales of SEK 53 billion and 17,000 employees in 2016. The NCC share is listed on Nasdaq Stockholm.

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