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 price sensitive information

Unique data record identifier

2975

Submission date and time

01.12.2010 09:45:00

Content of announcement in Estonian

Title

Kahtlustuse esitamine Nordecon International AS-i tütarettevõtte Nordecon Infra AS i suhtes

Message

Nordecon International AS teatab börsile, et Kaitsepolitseiamet on esitanud
Nordecon International AS-i tütarettevõtja Nordecon Infra AS-i suhtes
kahtlustuse 16. novembril 2010 algatatud kriminaalasja raames. Nordecon Infra
AS-i kahtlustatakse konkurentsi kahjustava kokkuleppe sõlmimise, kooskõlastatud
tegevuse ja altkäemaksu andmise katses. 

Nordecon Infra AS andis juhatuse liikme kaudu kahtlustuse kohta oma ütlused
ning selgitas, et Nordecon Infra AS-i hinnangul ei ole kahtlustuseks alust. 

Eelmised börsiteated:
17.11.2010 
http://www.nasdaqomxbaltic.com/market/?pg=details&instrument=EE3100039496&list=2
&tab=news&news_id=245236&lang=et) 


Nordecon International kontsern hõlmab ettevõtteid, mis on keskendunud hoonete
ja rajatiste ehitamise projektijuhtimisele ja peatöövõtule. Geograafiliselt
tegutsevad kontserni ettevõtted täna Eestis, Ukrainas ja Soomes. Kontserni
emaettevõte Nordecon International AS on registreeritud ja asub Tallinnas,
Eestis. Kontserni kuulub lisaks emaettevõttele üle 15 tütarettevõtte. Kontserni
2009. aasta konsolideeritud müügitulu oli 2,4 miljardit krooni (155 miljonit
eurot). Nordecon International kontsern annab hetkel tööd ligikaudu 750
inimesele. Alates 18.05.2006 on emaettevõtte aktsiad noteeritud NASDAQ OMX
Tallinna Börsi põhinimekirjas. 

1 euro = 15,6466 krooni


Raimo Talviste
Nordecon International AS
Finants- ja investorsuhete juht
Tel: +372 615 4445
Email: [email protected]  
www.nordecon.com

Content of announcement in English

Title

Filing of suspicion charges against Nordecon International AS' subsidiary Nordecon Infra AS

Message

Nordecon International AS hereby announces to the stock exchange that the
Security Police Board has filed suspicion charges against Nordecon
International AS' subsidiary Nordecon Infra AS within the framework of the
criminal proceedings instituted on 16 November 2010. Nordecon Infra is being
suspected of having attempted to conclude an agreement for distorting
competition, to engage in concerted practices and to offer a bribe. 

Nordecon Infra AS has given statements via its member of the management board
and has explained that in the opinion of Nordecon Infra AS the suspicions are
baseless. 

Previous company announcements:
17 November 2010
http://www.nasdaqomxbaltic.com/market/?pg=details&instrument=EE3100039496&list=2
&tab=news&news_id=245237&lang=en 


Nordecon International 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
and Finland. The parent of the Group is Nordecon International AS, a company
registered and located in Tallinn, Estonia. In addition to the parent company,
there are more than 15 subsidiaries in the Group. The consolidated revenue of
the Group in 2009 was 2.4 billion kroons (155 million euros). Currently
Nordecon International Group employs nearly 750 people. Since 18 May 2006, the
company's shares have been quoted in the main list of the NASDAQ OMX Tallinn
Stock Exchange. 

1 euro = 15.6466 kroons


Raimo Talviste
Nordecon International AS
Head of Finance and Investor Relations
Tel: +372 615 4445
Email: [email protected] 
www.nordecon.com