SSM focusing on core business – divesting its contracting operations and entering into strategic partnership with design-build contractor Mecon Bygg
SSM Holding AB (publ), is focusing on its core project management business and has entered into a strategic partnership with design-build contractor Mecon Bygg AB. The change is intended to reduce SSM’s fixed costs and strengthen the company’s long-term competitiveness and profitability. As a result of the agreement, SSM will divest its contracting operations and about 15 SSM employees will be offered employment at Mecon Bygg. The agreement and release of staff will have a marginal effect on results for 2019.SSM is streamlining the company’s business to project management by entering into a