Arcona AB

Products: Performance Bond and Advanced Payment Bond

Arcona is a Stockholm-based property development and construction company that, in close cooperation with its clients, carries out construction assignments, erecting new buildings, remodeling existing ones and adapting properties to the needs of tenants. In 2006, the Arcona Group had a turnover of approximately SEK 700m.

“Nordic Guarantee is quick to respond to inquiries and provide offers. Moreover, they are innovative and unafraid to tailor-make a package for our needs. The arrangement works well for us, because it means there is no need for us to draw upon other available financing. In addition, we avoid the accounting difficulties we had with bank guarantees.”

Krister Sundberg, CFO, Arcona AB

For more information visit www.arcona.se.