Market announcement

Nordecon AS

LEI code

48510000D8HSLK854I81

Size of the entity

Large group

Economic activities

Construction

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

10085

Submission date and time

06.02.2023 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Port Athena äri- ja bürookompleks)

Message

AS  Nordecon  kontserni  ettevõte  Embach  Ehitus  OÜ ja Kaarsilla Kinnisvara OÜ
sõlmisid   töövõtulepingu   Port   Athena  kvartali  hoonetekompleksi  ehituseks
aadressile   Tartu,  Väike-Turu  7. Kavandatav  hoonete  grupp  koosneb  neljast
kuuekorruselisest  ja ühest seitsmekorruselisest hoonest. Ühine maa-alune korrus
on suuremas osas kasutusel autoparklana. Hoonete maapealsetel korrustel hakkavad
paiknema äripinnad ja bürooruumid.

Lepingu  maksumus on 29,9 miljonit eurot,  millele lisandub käibemaks. Kompleksi
ehitusperiood on 29 kuud alates ehitusloa väljastamisest.

Nordeconi    kontsern    (www.nordecon.com   (http://www.nordecon.com))   hõlmab
ettevõtteid,    mis    on    keskendunud    hoonete   ja   rajatiste   ehitamise
projektijuhtimisele   ja   peatöövõtule.  Geograafiliselt  tegutsevad  kontserni
ettevõtted  Eestis, Soomes, Ukrainas ja  Rootsis. Kontserni emaettevõte Nordecon
AS   on   registreeritud   ja  asub  Tallinnas,  Eestis.  Kontserni  2021. aasta
konsolideeritud  müügitulu  oli  289 miljonit  eurot.  Nordeconi  kontsern annab
hetkel  tööd  ligi  670 inimesele.  Alates  18.05.2006 on  emaettevõtte  aktsiad
noteeritud Nasdaq Tallinna Börsi põhinimekirjas.

Andri Hõbemägi
Nordecon AS
Investorsuhete juht
Tel: +372 6272 022
Email: [email protected] (mailto:[email protected])
 (mailto:[email protected])www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Construction contract (Port Athena commercial and office complex)

Message

AS  Nordecon group company Embach Ehitus OÜ and Kaarsilla Kinnisvara OÜ signed a
contract  for the construction of a building  complex in the Port Athena quarter
at  Tartu, Väike-Turu  7. The planned  group of  buildings consists of four six-
story  and one seven-story building. The common underground floor is mostly used
as  a parking  facility. Commercial  and office  spaces will  be located  on the
ground floors of the buildings.

The  cost  of  the  contract  is  29.9 million euros, plus VAT. The construction
period of the complex is 29 months from the issuance of the building permit.

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, Finland, Ukraine 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  2021 was 289 million euros. Currently
Nordecon  Group  employs  close  to  670 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: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)