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NCC

#4338

Rank

$1.87B

Marketcap

SE Sweden

Country

NCC
Leadership team

Mr. Alluri Ananta Venkata Ranga Raju (MD, CEO & Exec. Director)

Mr. Jampana Venkata Ranga Raju (Whole Time Director)

Mr. Alluri Gopala Krishnam Raju (Exec. Director)

Products/ Services
Banking, Project Management, Real Estate
Number of Employees
1,000 - 20,000
Headquarters
Solna, Stockholms Lan, Sweden
Established
1988
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
NCC-B.ST
Social Media
Overview
Location
Summary
NCC Limited engages in the construction business in India and internationally. The company constructs industrial and commercial buildings, housing projects, IT parks, shopping malls, sports complexes, and hospitals, as well as stadia; and roads, highways, flyovers, bridges, etc. It also undertakes design, engineering, erection, testing, and commissioning of transmission lines and sub-stations, as well as project electrification and various utility distribution projects; and railway projects, which include freight corridors, railway sidings, and port connectivity projects. In addition, the company constructs water supply projects, water treatment plants, distribution networks, pumping stations, river intake works, electromechanical works, underground drainage networks, lift irrigation schemes, sewage pumping stations and treatment plants, and summer storage tanks; and dams and reservoirs, canals, tunnels, and hydroelectric power projects, as well as barrages, spillways, and aqueducts. Further, it engages in the engineering, procurement, and construction of power and metal projects; and provision of mine developer-cum-operator services, as well as removal of overburden and extraction of coal/lignite/other minerals from open cast mines. The company was formerly known as Nagarjuna Construction Company Limited and changed its name to NCC Limited in March 2011. NCC Limited was founded in 1978 and is based in Hyderabad, India.
History

The origins of NCC Construction go back to 1890 when Axel Johnson, a Swedish businessman, established "Nordstjernan" - the North Star. Later, this company became one of the leading Nordic shipping companies.In late 1987, Nordstjernan AB began acquiring shares in the listed construction company Armerad Betong Vägförbättringar . At the time, Nordstjernan had its own construction company called Johnson Construction Company .

In spring 1988, Nordstjernan increased its shareholding in the company and, by May 21, 1988, ABV was considered a Nordstjernan subsidiary. At the company's Annual General Meeting on June 8, then President of JCC, Torsten Eriksson, was also appointed President of ABV.

On June 9, 1988, the President sent a letter containing information about the merger and upcoming integration to the company's 20,000 employees and to 30,000 business contacts.

Work on the new organization was largely completed by September 8, when 475 managers were appointed and a Group structure was established. Company President Torsten Eriksson settled the question concerning the location of the head office of Nordic Construction Company , as the joint company was to be called, when he selected ABV's head office on Vallgatan in Solna. Four days later, Nordstjernan was listed on the stock exchange.

On September 20, 1988, Nordstjernan acquired all of the shares in NCC from JCC, upon which the construction operations of JCC and ABV were transferred to NCC.

Following the acquisition, JCC became a subsidiary of NCC and changed its name to NCC Bygg AB. Although the NCC Group was legally formed on January 1, 1989, JCC and ABV have been assembled under a single roof and a shared logo since October 15, 1988, when a joint graphic profile was launched.NCC Housing was a part of NCC up until 2016 and was divested into Bonava.

Mission
Our mission is to create strong and sustainable infrastructure in India that helps communities thrive and maintain their way of life.
Vision
Our vision is to be the leading infrastructure development and contracting company in India, providing sustainable and high-quality infrastructure solutions for the benefit of present and future generations.
Key Team

Mr. Alluri Venkata Narasimha Raju (Whole Time Director)

Mr. Alluri Sriman Narayana Raju (Whole Time Director)

Mr. E. Venkatesan (Sr. VP of Technology)

Dr. Alluri Venkata Satyanarayana Raju (Founder & Chairman Emeritus)

Mr. M. V. Srinivasa Murthy (Company Sec., Exec. VP of Legal & Compliance Officer)

Mr. S. S. Bhagat (Gen. Mang. of Bus. Devel.)

Mr. Krishna Rao Kakumani (CFO and Exec. VP of Fin. & Accounts)

Recognition and Awards
NCC is the proud recipient of several awards for its contribution to infrastructure development, including the National Energy Conservation Award and the Smart Idea Awards for its contribution to innovation and eco-friendly projects .
References

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NCC
Leadership team

Mr. Alluri Ananta Venkata Ranga Raju (MD, CEO & Exec. Director)

Mr. Jampana Venkata Ranga Raju (Whole Time Director)

Mr. Alluri Gopala Krishnam Raju (Exec. Director)

Products/ Services
Banking, Project Management, Real Estate
Number of Employees
1,000 - 20,000
Headquarters
Solna, Stockholms Lan, Sweden
Established
1988
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
NCC-B.ST
Social Media