SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News:
Klaus Kaae has been appointed as the new Business Area President of NCC Construction Denmark (STO:NCCA)(STO:NCCB) as ofJune 25,2012. He will become a member of Group management and report to CEO Peter Wågström.
Klaus Kaae has been serving as Acting Business Area President of NCC Construction Denmark since May 31, 2012, when Torben Biilmann left NCC to assume a new position at MT Höjgaard A/S.
“Klaus Kaae has played a strong role in the positive changes that have taken place in the Danish construction operations in recent years and is now being entrusted with the task of leading the operations in the future,”says NCC’s CEO Peter Wågström.
Klaus Kaae has held a number of senior management positions at NCC in Denmark since 1985 (in the then Rasmussen & Schiøtz) and is 52 years old. He holds a Master’s of Science in Engineering from the Technical University of Denmark.
NCC’s operations in Denmark include thebusiness areas NCC Construction, NCC Property Development, NCC Roads and NCC Housing. In 2011, NCC in Denmark had sales of nearly SEK 6 billion and approximately 2,200 employees.
NCC Construction Denmark builds housing units, offices, roads, civil engineering projects and other infrastructure in Denmark
This is the type of information that NCC could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on June 21, 2012 at 11.30 CET.
All of NCC’s press releases are available on www.ncc.se.
NCC is one of the leading construction and property development companies in the Nordic region. In 2011, NCC reported sales of SEK 53 billion, with 17,500 employees.
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