The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41.20 - Construction of residential and non-residential buildings
100 jobs Number of planned job losses
Announcement Date
3 October 2012
Employment effect (start)
Foreseen end date
Description
Swedish construction company NCC (Nordic Construction Company), has announced that it is to cut 100 jobs within its unit NCC Housing Sweden in Stockholm. According to the company, the decision is taken with the background of the economic situation in the area of new construction of residential properties. The planned downsizing affects about 20-25 percent of the company’s total workforce of 430.
NCC's business sectors include construction, housing, property development and infrastructure construction. NCC primarily conducts operations in the Nordic region, but also in the Baltic countries and Germany.
Sources
4 October 2012: Byggnadsarbetaren
Citation
Eurofound (2012), NCC, Internal restructuring in Sweden, factsheet number 74260, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74260.
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