Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a
contract with Tohvri-Kivi OÜ, an Invego Group company for the design and
construction of the Uus-Järveküla housing estate in Rae parish. 28 terraced
houses and eight semi-detached houses with 165 housing units in total will be
built.
The value of the contract is 28.3 million euros plus value added tax. The first
houses will be completed in 2023.
Nordecon (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=I6_bz4jYBVyBwxesE53P9Vqcg1U0RZAC5BRW
DOUEoyxCby-8F02c6PCGfA1VVbofHFy2xa1kMa4JF1Xvl4HXr4taZ-
MpWlsCUJDYpp62evIY2SlRuWg0e3iAsr8aCjYsIdSF0rf4PbGQdYlj7D9wIetah81jF0UAoG_fBWIbtW
B6CVulQuOTa5uCGlFznmB8bU43L4F7nZIslR1rUY5f2vkMXQvbG6P_RygX0SuRDZk=)) is a group
of construction companies whose core business is construction project management
and general contracting in the buildings and infrastructures segment.
Geographically the Group operates in Estonia, Finland, Ukraine and Sweden. The
parent of the Group is Nordecon AS, a company registered and located in Tallinn,
Estonia. The consolidated revenue of the Group in 2020 was 296 million euros.
Currently Nordecon Group employs 690 people. Since 18 May 2006 the company's
shares have been quoted in the main list of the Nasdaq Tallinn Stock Exchange.
Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: andri.hobemagi@nordecon.com (mailto:andri.hobemagi@nordecon.com)
(mailto:andri.hobemagi@nordecon.com)www.nordecon.com (http://www.nordecon.com)
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