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November 29, 2015 12:31 AM ET

Household Durables

Company Overview of NCC Housing Sweden AB

Company Overview

NCC Housing Sweden AB provides real estate housing development services in the Nordic region. The company is based in Sweden. NCC Housing Sweden AB operates as a subsidiary of NCC AB.



Key Executives for NCC Housing Sweden AB

Chief Executive Officer and President
Age: 51
Compensation as of Fiscal Year 2015.

NCC Housing Sweden AB Key Developments

NCC Housing Sweden AB Announces Board Changes

As part of the planned separate listing of the Housing business area, NCC has appointed an external Board of Directors for the housing development company. The Chairman will be Carl Engström, Senior Investment Manager at Nordstjernan AB. The new Board of Housing will consist of: Engström, Chairman. Senior Investment Manager at Nordstjernan AB since 2008, where he is also a member of the Management Team. Viveca Ax: son Johnson: Chair of Nordstjernan AB since 2007. Åsa Hedenberg: Chief Executive Officer of Specialfastigheter AB since 2015. Samir Kamal: Independent entrepreneur and former partner of EQT Partners and IK Investment Partners, where he was involved in investments in Myresjöhus AB and in HusCompagniet A/S. Magnus Rosén: Chief Executive Officer of Ramirent Oyj since 2009, with prior experience as CEO of Sverige BE Group AB and Cramo Skandinavien. Anna Wallenberg: Operations & Sales Director at Kronans Apotek since 2012.

NCC AB Reportedly Mulls Listing Of NCC Housing

NCC AB (OM:NCC B) is reportedly seeking listing of NCC Housing Sweden AB. Mattias Lundgren has been appointed new Chief Financial Officer of NCC's Housing business area ahead of a lanned spin-off and potential stock exchange listing.

NCC Seeks To Sell

NCC AB (OM:NCC B) plans to spin-off NCC Housing Sweden AB as part of new growth strategy. It says board has tasked management with investigating possibility of creating an independent, stock market listed, residential development company. It says to complete the analysis in the autumn and to present further information to shareholders in the interim report on November, 2015. The costs associated with reorganization may amount to SEK 250 million.

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