NCC secures order valued at SEK 130 million to extend chromium mine in Finland

NCC secures order valued at SEK 130 million to extend chromium mine in Finland Outokumpu Chrome has awarded NCC a contract on tunneling works at their mine located in Kemi. The total scope of works consisting of sloping and horizontal tunnels amounts to approximately 15 km. The cross-sectional 2 area of the tunnels varies between 20-40 m . The time for completion is 33 months starting April 2000 and ending December 2002. By its form the contract is a unit-price contract with the total value of FIM 80-90 million (MSEK 120-130) given the planned quantities. The quarrying equipment comes mainly from Sweden. The contract employs appr. 25 employees. The contract is implemented jointly by NCC Sweden and NCC Finland. The previous Fenno-Swedish co-operation project was the reconstruction of Päijänne tunnel. According to NCC's corporate strategy the existing resources are united to be able to offer demanding civil engineering services in the Scandinavian countries. The new contract consolidates NCC Finland's position among the civil engineering companies with a wide range of services. The largest project of NCC Finland Civil Engineering Unit currently underway is the container terminal being built at Kotka harbour. For further information, please contact: Mr. Olavi Knihtilä, tel. +358- 500-778 650 NCC Finland Oy, Anläggning or Mr.Ulf Bäckström, NCC AB, Anläggning, Stockholm tel. +46 70 537 34 48 or +46 8 13 65 23. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/28/19991228BIT00060/bit0001.doc http://www.bit.se/bitonline/1999/12/28/19991228BIT00060/bit0002.pdf