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ARTICLES TAGGED WITH "Johan Skoglund"

Johan Skoglund: "The banks are a bit more stingy these days"

Nordic — JM has submitted its interim report for the first quarter of 2024 and a satisfied Johan Skoglund meets the press in this, his very last presentation as president and CEO of the company. Because even though the financing budget has shrunk a little in recent years and revenues at national level have decreased, the company's sales are up by 60 percent compared to the previous year's report. "We plan to start more homes this year than we did in 2023," says Johan Skoglund to Nordic Property News.

Johan Skoglund on his 21 years as CEO of JM

Nordic — Johan Skoglund has announced to JM's board that he has decided to retire in June 2024. This after 37 years at JM, of which 21 as CEO. We had a little chat with the man who, for many, is the very soul of JM.

JM's President and CEO Johan Skoglund will retire in 2024

Nordic — After 37 years at JM, of which 21 as President, Johan Skoglund has informed the board that he has decided to retire in 2024. Johan Skoglund will leave JM in June 2024.

JM has never seen such low margins

Nordic — JM has already seen a tough start to the year where the number of homes sold has more than halved, and as a result they had to give the staff a notice. If they don't increase sales during this last quarter, more notice may be required, says the CEO. Despite that, they believe in coming transactions and construction starts in the near future.

JM: The Stockholm and Finland Market is Most Affected by the Recession

Nordic — Wednesday evening 200 employees got the boot from JM. The day before the first quarterly report was presented. JM suffers from reduced purchasing power and a slowdown in construction, but CEO Johan Skoglund says that despite this, they hava achieved a record number of building permits.

JM's CFO Leaves the Company

Sweden Sweden — Change in JM's Executive Management – CFO Carl Bandhold leaves the company.

JM Appoints CFO

Sweden Sweden — JM announces the appointment of Carl Bandhold as the new chief financial officer after current Chief Financial Officer Claes Magnus Åkesson retires.

JM Starts Production of Rental Properties in Västerås

Sweden Sweden — JM has signed an agreement with Lansa Fastigheter AB to sell two rental properties that will be built in Gideonsberg, Västerås. The deal is worth SEK 160 million.

JM Divests the Construction Operations in Norway

Norway Norway — JM has signed an agreement regarding divestment of the external construction operations in Norway, JM Entreprenör AS, to Vicon a company within the Norwegian KB Group.

JM Makes Executive Management Change

Sweden Sweden — Peter Neuberg, Business Unit Manager of JM Construction, has announced that he would like to resign his positions as Business Unit Manager and President of JM Entreprenad.

Stockholm’s Tallest Residential Building Reached Top

Sweden Sweden — The construction company JM’s Kista Torn has reached its full height, approximately 120 meters and 40 storeys high, of which 35 are residential storeys. It is by far Stockholm’s tallest residential building located in the middle of Kista.