AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE), Connecto Eesti
AS and Verston Ehitus OÜ as joint bidders entered into contract with Tuulepealne
Maa OÜ, an Utilitas energy group company for construction of a windfarm in
Saarde, Estonia. The windfarm will consist of 9 wind turbines, for which the
road and electricity network as well as foundations for the turbines will be
built.
The cost of the works is close to 12.5 million euros plus value added tax and
the works will be completed by October 2023.
Nordecon (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=UaqRdroVwGAO-
fhEVM21TAU1qlkeeAL5nlwvnpj3koig7j74cQPmtY761gbF7Cn3mUag8wF1A3BVmXV8szgdIA==)) 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 2021 was 289 million euros.
Currently Nordecon Group employs close to 670 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)
www.nordecon.com (http://www.nordecon.com/)
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