AS Nordecon and the Transport Administration entered into an agreement for the
construction of 2+2 passing lanes on the Kärevere-Kardla section along
kilometres 167-171 of the Tallinn-Tartu-Võru-Luhamaa Highway. The cost of the
works is EUR 12.6 million, plus VAT.
The road section has a lane width of 3.5 metres, the width of the dividing strip
with highway parapet is 2.8 metres, and a secured shoulder of 2-2.5 metres is
provided at the edge of the road. New access roads and U-turn areas will be
built, a total of 337 metres of noise barrier wall will be erected, plus land
improvement works, communication and electrical works will be performed during
the course of the contract, new traffic management equipment will be installed,
and both low lying and tall greenery will be planted.
This road section passes through the Natura 2000 nature and bird protection
area, as a result of which two tunnels for large game are provided, two
underpasses will be built for small game, along with a nearly 7.7 km game fence
along the side of the road.
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
unaudited consolidated revenue of the Group in 2020 was 296 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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