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

3171

Submission date and time

20.12.2010 10:32:02

Content of announcement in Estonian

Title

NCN: Ehituslepingu sõlmimine

Message

Nordecon International                   Börsiteade                   20.12.2010

Ehituslepingu sõlmimine



Tallinn, Eesti, 2010-12-20 09:32 CET (GLOBE NEWSWIRE) -- Nordecon International
kontserni 100%-line tütarettevõte Nordecon Infra AS (juhtivpartner) koos
partnerite Nordecon International AS-i ja Ramboll Eesti AS-iga sõlmisid
töövõtulepingu Lõuna Regionaalse Maanteeametiga riigi tugimaanteel nr 39
raudtee ülesõidukohtade ümberehituseks. Tööde mahukaima osa moodustab Kaarepere
viadukti projekteerimine ja ehitamine. Kokku tehakse töid teelõikudel
kogupikkusega ligikaudu 5,2 kilomeetrit. Projekti kaasfinantseeritakse Euroopa
Liidu struktuurifondide toel. 

Tööde maksumus koos tellijapoolse reserviga on 67,2 miljonit krooni (4,3
miljonit eurot), millele lisandub käibemaks. 

Töid alustatakse jaanuaris 2011 ning kestavad 12 kuud.



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

NCN: Construction contract

Message

Nordecon International              Company Announcement              20.12.2010

Construction contract



Tallinn, Estonia, 2010-12-20 09:32 CET (GLOBE NEWSWIRE) -- A Nordecon
International Group wholly owned subsidiary Nordecon Infra AS (leading partner)
with partners Nordecon International AS and Ramboll Eesti AS signed a
construction contract with Road Centre of the Southern Region of Estonia (a
regional office of the Road Administration). The contract is for the rebuilding
of railway crossings on road nr 39. A substantial part of the works is the
design and building of Kaarepere viaduct. In total works cover road networks in
length of approximately 5.2 kilometers. The project is co-financed by European
Union structural funds. 

The value of the contract with the client's reserve is approximately 67.2
million kroons (4.3 million euros), excluding VAT. 

Works begin in January 2011 and last for 12 months.



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