Joachim Hallengren has been appointed the new President of the NCC Housing business area. He is currently President of the NCC Property Development business area and will assume his new position on November 1.
Joachim Hallengren is a Graduate Engineer and has been employed at NCC since 1995. He has a background in NCC's property development operations as Regional and Country Manager for Sweden prior to his appointment as President of NCC Property Development business area.
NCC's President and CEO Peter Wågström says:
"Joachim is a strong leader, with solid expertise and extensive knowledge of development issues and he will be of key importance to our continued efforts to strengthen the NCC Group's housing development area."
Joachim Hallengren will replace Svante Hagman, who will become President of NCC Construction Sweden.
The process to recruit a new President for NCC Property Development has commenced and Joachim Hallengren will remain in this position until a replacement has been found.
This is the type of information that NCC AB could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on October 24, 2012 at 08:30 CET.
NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2011 sales of SEK 53 billion, with 17,500 employees.
For further information, please contact:
Peter Wågström, President and CEO, NCC AB, +46 (0)8-585 530 40
Ulf Thorné, Acting Senior Vice President Corporate Communications, NCC AB, +46 (0)8-585 523 46, +46 (0)70-214 77 27
NCC's media line: +46 (0)8-585 519 00, E-mail: firstname.lastname@example.org