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Balco Group AB ( (SE:BALCO) ) has issued an update.
Balco AS has secured a significant project in Drammen, valued at approximately NOK 40 million, for a housing cooperative. This project includes the installation of new glazed balconies and integrated air source heat pumps, enhancing living comfort and energy efficiency. The project is set to commence in autumn 2025, with the balconies being manufactured at Balco’s Växjö factory. This development underscores Balco’s strong market position and commitment to delivering comprehensive solutions that improve residential living standards.
More about Balco Group AB
Balco Group is a leading player in the balcony industry, focused on providing innovative, patented, and energy-efficient solutions for multi-dwelling buildings. The company’s tailored products contribute to increasing the quality of life, safety, and value of homes. Founded in 1987 in Växjö, Balco Group is a market leader in Scandinavia with operations in several markets in Northern Europe. It employs approximately 550 people and is listed on the Nasdaq Stockholm.
Average Trading Volume: 34,877
Current Market Cap: SEK566.3M
See more insights into BALCO stock on TipRanks’ Stock Analysis page.