Rico Kallies appointed as new Business Unit President in Bonava Germany

Rico Kallies has been appointed as new Business Unit President in Bonava Germany and member of Bonava’s Executive Management Group effective 1 September 2025.
Rico Kallies joined NCC/Bonava in 1996, holding various positions including roles as Site Manager, Development Manager and Region Manager for Berlin. Rico Kallies currently holds the position as Head of Project Development for Bonava’s operations in Germany. Rico Kallies is a widely recognized leader with extensive business-and result-oriented skills.
Sabine Helterhoff, who is currently holding the position as Business Unit President in Bonava Germany since 2019, will step down from her position and from Bonava's Executive Management Group in September, transitioning into the role of Senior Advisor. She has been employed with the company since 1990 and is set to retire in 2026.
– With Rico’s extensive track record in successful project development, Rico Kallies brings the right expertise to lead Bonava Germany in this next step. In recent years, he has played a key role in streamlining the organisation and earned a wide recognition for his strong and effective leadership. I would like to express my profound gratitude to Sabine for her outstanding contribution to Bonava, says Peter Wallin, President and CEO of Bonava.
– I am delighted to take on the overall responsibility for Bonava Germany and to lead the business towards sustainable profitability. With a strong building rights portfolio, highly attractive projects and a team of exceptionally talented colleagues, we are well positioned to take Bonava Germany to the next level, says Rico Kallies.
For more information, please contact:
Fredrik Hammarbäck, Group Head of Press and Public Affairs
Tel: +46 739 056 063
Bonava is a leading residential developer in Europe with the purpose to create happy neighbourhoods for the many. With its 900 employees, Bonava develops residential housing in Germany, Sweden, Finland, Latvia, Estonia and Lithuania. To date, the company has built about 40,000 homes and reported net sales of approximately SEK 8 billion in 2024. Bonava’s shares and green bond are listed on Nasdaq Stockholm.
For more information about us, visit: www.bonava.com