SOLNA, Sweden, July 16, 2003 (PRIMEZONE) -- NCC Roads has been awarded a road construction project in South-central Poland by the National Road Authority. The EU-funded project has a value is SEK 50 M and consists of 5 kilometers renovation and widening of an artery road as well as construction of a new junction.
The scope of civil works includes asphalt pavement, cement stabilization, over-bridge, canalization, curbs, ground-works and traffic system. It is the first major road construction project, which NCC has won in a National Road Authority tender in Poland.
"We are proud to succeed in the face of fierce competition from all major European road contractors. This is yet another breakthrough for NCC on the Polish road construction market," said Jonas Hogberg, President of NCC Roads Polska.
"NCC Roads growth rate on the Polish road construction market during the last three years has been unprecedented and driven by organic expansion. The decision to expand by organic growth has proven to be accurate and has maintained the organization stream-lined thus providing a competitive edge. The strategy to focus all efforts on local presence and creating the strongest value-chain, from aggregate quarries to finalizing road projects, is a winning concept. This project is strategic for NCC and we look forward to the following tenders in Poland," said Jonas Hogberg.
The local organization in South Poland, lead by Robert Piatek and Dariusz Marciniak, will finalize the project early next year.
NCC Roads is the leading asphalt company in Poland with an annual turnover of approximately SEK 500 M, 350 employees and approximately 1 million ton of sold asphalt. NCC Roads is currently involved in five highway projects in Poland and is present in over 20 major Polish municipalities. The business area NCC Roads has a total annual turnover of approximately SEK 8 billion.
For further information, please contact: Jonas Hogberg, President NCC Roads Polska, +48 71 785 82 90, or +48 607 35 16 64.
All of NCC's press releases are available on www.ncc.info
NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2002 sales of SEK 45 billion, with 25,000 employees.
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