Nordisk Bergteknik receives new business and sees increased activity in foundation solutions

After the sharp general downturn in house construction and related local infrastructure during last year, Nordisk Bergteknik sees increased activity in foundation solutions again. It mainly regards previously postponed projects that are now starting. The order value for three recently won projects, which run during the winter season, amounts to around SEK 140 million. Furthermore, there is a clear increase in market activity regarding tenders and inquiries also regarding larger new projects, not least in the Stockholm area.

In Masthugget, Gothenburg, Nordisk Bergteknik has received a larger project regarding foundation solutions for construction of offices, business premises and 700 parking spaces in the area known as Masthugget west. The project includes several different stages in the form of concrete piling and foundation reinforcement through steel pipe piling. In Kramfors, Nordisk Bergteknik is active in a larger foundation project for the construction of a bark dryer with associated foundations. In Visby, the foundation for a bridge connection for pedestrians from the cruise terminal across the road to Färjeleden is being laid during the fourth quarter.

– Those won projects are a clear indicator that we are seeing concrete signals of increased market activity, and that our business in foundation solutions will benefit from this over time as we are a significant market player. As a logical consequence, increased activity within local infrastructure is also assessed thanks to more new constructions, says Andreas Christoffersson, CEO of Nordisk Bergteknik.

For further information, contact:

Andreas Christoffersson, CEO, +46 70-621 19 28, andreas.christoffersson@bergteknikgroup.com

Björn Peterson, Segment Manager Foundation Sweden, +46 70-514 97 00, bjorn.peterson@ngtek.se

Johan Lundqvist, CFO, +46 76-392 71 21, johan.lundqvist@bergteknikgroup.com

About Nordisk Bergteknik

Nordisk Bergteknik has a clear growth strategy with the objective to contribute to the development of a future sustainable society. Our companies are specialists within rock handling and foundation solutions, and through compassion and skill they are able to combine demand with the surrounding natural conditions. To be involved at an early stage in building modern societal functions is our everyday life, our home ground and our future.