NCC has been conducting an inventory and investigation since the end of March to price and enable completion of the Floravägen retirement home. The project is being taken over following the bankruptcy of Serneke earlier this year. At the time of the takeover, the roof and facades were largely completed. For the interior, completion of some of the room layouts, installations, finishes and furnishings remains.

"We look forward to restarting construction and completing the Floravägen retirement home together with NCC. The most important thing is now to complete the project. With NCC on board as the new partnering contractor, we can now look forward and ensure that this will be a retirement home to be proud of," says Åsa-Märta Sjöström, Chair of the Fagersta Municipal Executive Board.

The Floravägen retirement home consists of a building in the shape of a resting butterfly and has been designed by Winroth's architects with two courtyards together with a glass roofed central atrium. In the project's investigation phase, NCC has conducted an inventory of previously completed work and prepared a new indicative cost and schedule as well as new construction documents.

"NCC has constructed many similar projects and comes to this assignment armed with important experience from other retirement homes. Our partnership with NVK allows us to maintain close and open dialogue with quick decision-making processes, which is a considerable advantage for such a project given the importance of speed following a break in construction," says Anders Lindkvist, Production Manager, NCC Building Sweden in Fagersta.

The order value is approximately SEK 160 million and will be registered in the NCC Building business area in the second quarter of 2025. NCC will commence the construction in the second quarter of 2025 and the retirement home is scheduled for completion in autumn 2026.

For further information, please contact:
Anders Lindkvist, Production Manager, NCC Building Sweden, anders.lindkvist@ncc.se
Lotta Wrangle, Communication Partner, NCC Building Sweden, lotta.wrangle@ncc.se

NCC's media line: +46 8 585 519 00, press@ncc.se, NCC's Media bank

About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to a positive impact of construction for its customers and society. Operations include building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. In 2024, NCC had sales of about SEK 62 bn and 11,800 employees. NCC's shares are listed on Nasdaq Stockholm.