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

10422

Submission date and time

12.06.2023 11:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Kontorihoone ehitus)

Message

Nordecon  AS  ja  Riigi  Kaitseinvesteeringute  Keskus  sõlmisid  töövõtulepingu
kontorihoone ehituseks Tallinnasse. Tööde kogumaksumus on ligikaudu 13 miljonit
eurot ilma käibemaksuta ning objekt valmib 2024. aasta lõpus.

Nordeconi                       kontsern                       (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=e-HNA317JW_thqxdkQ0R9SnKgg-
eakiK1FiBxcKVPJqlBWlotIfP7pcap1DJdbJVP-lJdOQztqv6PsWxw7WW3w==))           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  2022. aasta
konsolideeritud  müügitulu  oli  323 miljonit  eurot.  Nordeconi  kontsern annab
hetkel  tööd  ligi  580 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]
(https://www.globenewswire.com/Tracker?data=g-
pms1b9s2AH9Rpilaohh2apx3J2h6EZtRKRs9P4fRLXe0bJyHQ8VrYWaDiKdHG8pofRdcynJiOx-
S2gPZbF9AKEGRmYnDGYmBjIihcJJYGGe06_zexCtcY5123SFZkV)

(https://www.globenewswire.com/Tracker?data=oAfACkNLiX7UN2VjwsfKwZ7U8taYPBLL4mR_
1CCjxEb6mRJgXgbF_4lfOQ47jspVMUpKfLtyjKhRYe9DfMjduQ==)www.nordecon.com
(https://www.globenewswire.com/Tracker?data=e-
HNA317JW_thqxdkQ0R9YTZsl4nKD4UjHZ44Cdk6VOZsNKdwApLDSpdppMHL1YoDnFiPlB2gx0UdA0Sc0
4BPA==)

Content of announcement in English

Title

Construction contract (Office building)

Message

Nordecon  AS and Centre of  Defence Investments entered into  a contract for the
construction  works of office building in Tallinn.  The value of the contract is
close  to 13 million euros  without VAT and  the works  will be completed by the
end of 2024.

Nordecon     (www.nordecon.com    (https://www.globenewswire.com/Tracker?data=e-
HNA317JW_thqxdkQ0R9SnKgg-eakiK1FiBxcKVPJqlBWlotIfP7pcap1DJdbJVP-
lJdOQztqv6PsWxw7WW3w==))  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 2022 was 323 million euros. Currently Nordecon Group employs close
to  580 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]
(https://www.globenewswire.com/Tracker?data=g-
pms1b9s2AH9Rpilaohh2apx3J2h6EZtRKRs9P4fRLXe0bJyHQ8VrYWaDiKdHG8pofRdcynJiOx-
S2gPZbF9AKEGRmYnDGYmBjIihcJJYGGe06_zexCtcY5123SFZkV)
www.nordecon.com                  (https://www.globenewswire.com/Tracker?data=e-
HNA317JW_thqxdkQ0R9VEg3jZb1wtYuEwofNGlQy7A9FTeohH52aKZni0sUXiFxE5_QPN2tQgD6r9_fO
uP2w==)