Nordecon AS signed a contract with Rae rural municipality government for the
construction of the new basic school in Järveküla small town - Kindluse school.
The school will have net space of 8,772 sqm with capacity planned for 870 pupils
and 70 teachers. School building is divided into three sections: between a two
storey section for senior stage of study and a one storey primary school section
will at the heart of the school be a foyer, a canteen and an assembly hall with
ancillary premises. Also, the first stage of the sports building with net space
of 2,511 sqm and the first heated artificial football field in Rae municipality
will be built.
The value of the contract is EUR 13.83 million plus VAT. The whole complex will
be completed in 18 months.
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)
(mailto:andri.hobemagi@nordecon.com)www.nordecon.com (http://www.nordecon.com)
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