Nordecon AS and the Centre for Defence Investment of Estonia entered into
contract for the design and construction works of the barracks for 300 people in
the Defence Forces base in Paldiski. The works include also the design and
construction of associated roads, grounds and utility networks as well as weak-
current systems.
The value of the contract is 4.3 million euros plus value added tax. The
construction is set to begin in September this year and will be completed by the
end of 2021.
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, Sweden, Finland and Ukraine. The
parent of the Group is Nordecon AS, a company registered and located in Tallinn,
Estonia. The consolidated revenue of the Group in 2019 was 234 million euros.
Currently Nordecon Group employs close to 710 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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