AS E-Piim Tootmine and Nordecon AS signed a contract for the construction of an
E-Piim factory complex to be built in Paide. Construction will begin in early
2020 and finish in spring 2022. The cost of the project is EUR 29 million,
excluding VAT.
The E-Piim factory complex to be built in Paide includes a two-storey
administrative building, a one-storey production area, and a seven-storey powder
industry building with a total gross floor area of 32,446.9 m2.
Nordecon (www.nordecon.com (http://www.nordecon.com)) 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, Ukraine, Finland 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 2018 was 223 million euros. Currently
Nordecon Group employs close to 680 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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