SOLNA, Sweden, Nov. 14, 2003 (PRIMEZONE) -- NCC Construction Norway has been commissioned by Fagerstad Utvikling to extend the movie-theater block in Lillestroem, north of Oslo. The contract is worth approx. SEK 193 million (NOK 178 million).
The assignment includes the construction of 106 residential apartments with a total of 10,500 square meters of floor space, parking spaces, a multi-theater movie complex with seven screens and other public premises.
Work will commence in December and the project is scheduled for completion in August 2005.
NCC Property Development had previously sold the movie-theater block to Fagerstad Utvikling.
"The question of whether this property block should be extended has been the subject of lively debate in the mass media and among municipal politicians for quite a long time. We are gratified that NCC has been selected for the assignment and will complete it expeditiously to ensure that we meet the deadline," says Tommy Helgerud, Regional Manager at NCC Construction in Norway.
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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