NCC wins SEK 580m contract to build multi-purpose arena in Fredrikstad

An announcement from NCC AB ( ($SE:NCC.B) ) is now available.

NCC has secured a SEK 580 million contract from Fredrikstad Municipality in Norway to build Arena Fredrikstad, a new ice center and multi-purpose sports arena that will replace the municipality’s existing ice facility. The arena will feature twin ice rinks capable of hosting top-tier Norwegian ice hockey games and will also be adaptable for concerts, trade fairs, exhibitions and other major events.

The project was developed in a partnering model involving NCC, the municipality, architects, consultants and future users to ensure a modern, flexible and future-oriented venue, underscoring NCC’s role in complex social infrastructure projects. Construction is scheduled to begin in the second quarter of 2026 with completion targeted for the end of 2028, and the order will be recognized in the NCC Building Nordics business area in the first quarter of 2026, adding to NCC’s regional order book and reinforcing its position in public sports and event facility construction.

The most recent analyst rating on ($SE:NCC.B) stock is a Hold with a SEK203.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.

More about NCC AB

NCC AB is one of the leading construction companies in the Nordic region, with operations spanning building and infrastructure contracting, asphalt and stone materials production, and commercial property development. The company leverages its expertise in complex construction projects to serve both public and private customers, generating about SEK 56 billion in annual sales and employing roughly 11,500 people across the Nordics.

YTD Price Performance: -10.08%

Average Trading Volume: 207,517

Technical Sentiment Signal: Buy

Current Market Cap: SEK17.59B

For detailed information about NCC.B stock, go to TipRanks’ Stock Analysis page.