AS Nordecon and the Estonian Road Administration entered into a contract for
construction of a stretch of public road no. 88 or the Rakvere-Rannapungerja
road between kilometres 21.3 and 33.1 and for reconstruction of the Nõva Bridge
at kilometre 22.7. The cost of the works is 3.3 million euros plus value added
tax and the works will be completed within a year.
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 unaudited revenue of the Group in 2019 was 234 million
euros. Currently Nordecon Group employs close to 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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