NCC

What NCC does

NCC is a Nordic construction and infrastructure group whose operating roots trace to 1875 and whose formal corporate entity was created through a 1988 merger of multiple companies. Headquartered in Sweden (Solna) with Danish operations centred in Søborg, NCC is publicly listed on the Stockholm Stock Exchange (ticker: NCC) under the parent NCC AB. The group employs approximately 11,800 people across Denmark, Sweden, Norway, and Finland, of which around 2,000 are based in Denmark, and it operates through five business areas: NCC Building, NCC Infrastructure, NCC Industry, NCC Property Development, and Green Industry Transformation (established in 2024). NCC is described as one of the leading construction companies in the Nordics and runs landmark projects including major hospitals, corporate headquarters, roads, bridges, and climate adaptation infrastructure.

The service portfolio spans the full construction value chain. NCC Building covers residential, commercial, healthcare, education, sports, timber, and concrete renovation work. NCC Infrastructure delivers civil engineering, energy and utilities, foundation and marine construction (via Hercules Fundering), waterworks, district heating, cable/pipelaying, and climate adaptation. NCC Industry extracts raw materials (sand, stone, gravel) from its own quarries and pits and runs vertically integrated asphalt factories and laying crews, supported by an accredited asphalt laboratory in Fredericia. NCC Property Development develops commercial office buildings under the Company House multi-tenant concept, with all buildings certified to DGNB Gold. Specialised sub-brands include Dantonit (the only Scandinavian manufacturer of bentonite sealing products) and Jakobsen & Blindkilde (construction and nature restoration). Proprietary technical capabilities include Dantonit's mechanically flexible bentonite sealing solutions, innovative parking-house designs using steel skeleton with concrete decks and stretched-aluminium transparent facades, and timber construction know-how.

Revenue is generated through project-based contracts, public procurement tenders, direct enterprise commissions, raw-material and asphalt sales, and property development sale or lease. Customers span the public sector (municipalities and government bodies for hospitals, schools, infrastructure, and climate adaptation), private enterprise (corporate headquarters and industrial facilities such as Bosch's Ballerup HQ and Energinet's Erritsø office), the construction industry (raw materials and asphalt), and property investors/tenants. The group maintains a direct enterprise field-sales motion with account management and bids on competitive tenders, and it markets through LinkedIn, Facebook, Instagram, YouTube, and the company blog while recruiting through career fairs at Danish and Swedish universities. NCC AB is the listed parent and operates investor relations at ncc.com/investor-relations/.

Name

NCC

Legal name

NCC AB

Website

https://ncc.dk

Company type

Public

Founded year

1875

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

NCC is a Nordic construction and infrastructure group with approximately 11,800 employees across Denmark, Sweden, Norway, and Finland. It operates building, infrastructure, industry, property development, and green industry transformation units, serving public sector and enterprise clients with end-to-end construction services.

Ownership category

akta.pro rank

Headquarters

HQ city

Søborg

HQ country

Denmark

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction and Building Services: NCC generates revenue through construction contracts — building, renovating, and transforming residential, commercial, and public buildings such as schools, hospitals, offices, and housing. Revenue is project-based, derived from tenders and direct commissions with public and private clients.
2. Infrastructure and Civil Engineering: Revenue from infrastructure projects including roads, bridges, tunnels, waterworks, sewage treatment plants, district heating, cable and pipe laying, and climate adaptation projects. These are typically large-scale public and private contracts.
3. Asphalt Production and Laying: NCC Industry produces asphalt in its own factories and lays it for roads, highways, and other surfaces. This is a vertically integrated operation spanning raw material supply through to finished surface. Revenue is derived from public procurement contracts and private clients.
4. Raw Materials (Gravel, Stone, Sand): NCC extracts and sells raw materials — gravel, stone, and sand — from its own quarries and pits. Materials are sold to the concrete and asphalt industries and used in NCC's own construction projects. Private sales of sand, stone, and gravel are also offered.
5. Property Development: NCC Property Development develops commercial properties and business premises for sale or lease. Activities include land acquisition, development, construction, and sale or leasing of completed properties. The Company House concept offers shared office facilities to multiple tenants.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

NCC is a Nordic construction and infrastructure company that builds, renovates, and develops residential, commercial, healthcare, education, and public buildings; delivers civil infrastructure (roads, bridges, tunnels, waterworks, sewage, climate adaptation); produces and lays asphalt; extracts raw materials (gravel, stone, sand) from its own quarries; and develops commercial properties for sale or lease. The company also offers specialized services in timber construction, concrete renovation, foundation and marine works, and bentonite sealing products via its Dantonit subsidiary.

Product overview

NCC is a Nordic construction company offering a comprehensive portfolio of building, infrastructure, and property development services across Denmark. The organization operates through distinct business units: NCC Building (residential, commercial, healthcare, education construction and renovation), NCC Infrastructure (civil engineering, energy, utilities, foundation works, climate adaptation), NCC Industry (asphalt production and laying, raw material extraction from quarries), and NCC Property Development (commercial property development from concept to sale). Supporting the main operations are sub-brands including Jakobsen & Blindkilde (construction and nature restoration) and Dantonit (bentonite sealing products). Key product concepts include Company House (shared office facilities) and innovative parking structures. The company also provides specialized services in timber construction and concrete renovation.

Differentiator

Problem solved

Functional benefit

Brands

• Company House: Modern office buildings where multiple companies share facilities, part of NCC Property Development's commercial property concept.
• Hercules Fundering

Products and services

• NCC Building
• NCC Infrastructure Infrastructure and civil engineering services including construction, energy, utilities, foundation works, water construction, climate adaptation, nature and environment, and technical facilities, delivered to public authorities and private clients.
• NCC Industry — Asphalt Production and Laying Production of asphalt in NCC's own factories and laying services for roads, highways, driveways, and complex infrastructure projects, sold to public authorities, contractors, and private clients.
• NCC Industry — Raw Materials (Råstoffer) Extraction and sale of raw materials — sand, stone, and gravel — from NCC's own quarries and gravel pits, supplied to the concrete and asphalt industries, construction projects, and private customers.
• NCC Property Development Project development of modern, responsible commercial properties and offices, from initial idea and land purchase to realization and sale or lease of completed properties, with all office buildings minimum DGNB Gold certified.
• Renovation and Transformation Renovation services for heritage buildings, housing and institutions, commercial properties, hospitals and healthcare, care homes, and schools, including own production capabilities.
• Company House Modern office building concept within NCC Property Development where multiple companies share facilities, offering quality construction and shared amenities without the full individual cost.
• Jakobsen & Blindkilde Quality-conscious construction company operating nationwide with own production in earthwork, sewage, concrete and masonry, specializing in main and total contracts and nature restoration projects.
• Dantonit Bentonite Products Bentonite products for sealing applications at major construction projects, including landfill membranes, groundwater flow prevention, and well drilling, supplied as the only Scandinavian manufacturer of such products.
• Parking Houses Innovative parking structure concept built with a steel skeleton and concrete decks, featuring transparent facades with stretched metal aluminium plates creating relief effects, supplied to public and private clients.
• Timber Construction (Træbyggeri) Wooden building construction services utilizing timber as a sustainable building material for various construction projects.
• Concrete Renovation (Betonrenovering) Specialized concrete renovation services for maintaining and restoring concrete structures.

Quantifiable outcome

• Delivered 206 housing units at Porshøj in Herning; continuing with another 235 units expected to complete summer 2027.
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Partnerships

One partnership is on record.

• EnvidancoreStrategic or Co-development Partner · 29 May 2026NCC and Envidan have entered into a partnership for the modernization of Viborg Centralrenseanlæg (central sewage treatment plant). This is the first new treatment plant in Denmark with an integrated 4th treatment step designed to remove pharmaceutical residues from wastewater.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Peab AB: Swedish construction and civil engineering firm operating across Sweden, Norway, Finland and Denmark with very similar services in building, infrastructure, asphalt and raw materials, making it a directly comparable Nordic contractor.
• YIT Corporation: Finnish construction company with building, infrastructure and property development operations in Finland and the broader Nordics, comparable in scale and service portfolio to NCC.
• Skanska AB: Swedish construction and project development company with directly overlapping building, infrastructure and property development operations across the Nordics, as well as broader European and US exposure — the closest direct comparable to NCC.
• JM AB: Swedish residential property developer with Nordic operations, comparable to NCC's property development and building activities in housing and commercial premises.
• Veidekke ASA: Norwegian construction and civil engineering group with Nordic operations in building construction, infrastructure, asphalt production and property development — a closely matched peer in geography and service mix.
• Bonava AB: Swedish residential developer with operations across the Nordics and parts of Europe — comparable to NCC's residential construction and property development activities.
• AF Gruppen ASA: Norwegian construction and civil engineering company offering building, infrastructure and offshore-related services in the Nordic region — a similar contractor profile competing for comparable tenders.

Broad incumbents

• Hochtief AG: German-headquartered global construction company with significant European building and infrastructure activities, comparable in capabilities to NCC but operating at much larger and more international scale.
• Strabag SE: Austrian-based European construction group with broad building, civil engineering and infrastructure operations, comparable in service mix to NCC but operating across a much wider European footprint.
• Vinci SA: French global construction and concessions company offering building, civil engineering and infrastructure services comparable to NCC, but at vastly larger scale and with worldwide geographic diversification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/ncc
• Facebookfacebook.com/ncc.danmark
• LinkedInlinkedin.com/company/ncc
• Instagraminstagram.com/ncc_dk
• Xx.com/NCCdk

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NCC