NCC has signed a contract to build a factory expansion in Vantaa, Finland for Murata Electronics Oy. The project is a design and build contract and the value is approximately SEK 365 million.
The factory expansion comprises 10,177 gross square meters. A separate contract has already been signed for a parking lot, which NCC will construct on the factory grounds. The factory is located in Vantaa, a neighboring city to Helsinki.
The expansion is scheduled for completion during the third quarter of 2019 given the required city planning permission.
“We are very pleased to conclude this agreement with Murata. We are looking forward to seeing the end result of our joint long-term planning and project development,” says Mika Soini, Head of NCC Building Finland.
Murata, whose group headquarters are located in Kyoto, Japan, is a global leader in the design, manufacture and supply of advanced electronic materials and components, and high-density modules. Murata products are used in a wide range of applications from mobile phones, home appliances and automotive applications to energy management systems and healthcare devices. Murata’s Finnish operations in Vantaa include a plant as well as research & development.
The contract price is SEK 365 million. The order is expected to be registered in the second quarter of 2018 in the NCC Building business area.
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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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