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

3308

Submission date and time

02.05.2011 11:30:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Ämari lennubaas)

Message

Nordecon AS sõlmis Kaitseministeeriumiga lepingu Ämari lennubaasi abihoonete ja
nende teenindamiseks vajaliku taristu ehitamiseks. Lepingu maksumuseks on 10,85
miljonit eurot. 

Tallinn, Eesti, 2011-05-02 10:30 CEST (GLOBE NEWSWIRE) --
Nordecon AS sõlmis Kaitseministeeriumiga lepingu Ämari lennubaasi abihoonete ja
nende teenindamiseks vajaliku taristu ehitamiseks. Ehitatavate hoonete alla
kuuluvad angaarid, sõidukite garaaž-töökoda, meditsiinikeskus,
reisijateterminal baasi kaudu sisse- või väljalendavate sõjaväelaste tarbeks,
kaubakäitluse vaheladu ning lämmastiku- ja hapnikuhoidla. Ehitatavate hoonete
netopind on ligikaudu 7 200 ruutmeetrit. Lennubaasi territooriumile
paigaldatakse uusi pinnakatteid ligikaudu 66 000 ruutmeetri ulatuses, millest
asfaltkate moodustab ligikaudu 51 000 ruutmeetrit. Olme- ja
sadeveekanalisatsiooni ning drenaaži- ja veetorustikke rajatakse kokku ligi 10
000 jooksva meetri ulatuses. 

NATO infrastruktuurialaste projektide kaasrahastamine toimub NATO
julgeolekuinvesteeringute programmi (NATO Security Investment Program - NSIP)
kaudu. 

Lepingu maksumuseks ilma tellija varuta on 10,85 miljonit eurot, millele
lisandub käibemaks. 

Ehitustööd algavad mais 2011 ning kestavad plaani kohaselt 11 kuud.



Nordeconi 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 AS on registreeritud ja asub Tallinnas, Eestis. Kontserni kuulub
lisaks emaettevõttele üle 10 tütarettevõtte. Kontserni 2010. aasta
konsolideeritud müügitulu oli 99,3 miljonit eurot. Nordeconi kontsern annab
hetkel tööd ligikaudu 700 inimesele. Alates 18.05.2006 on emaettevõtte aktsiad
noteeritud NASDAQ OMX Tallinna Börsi põhinimekirjas. 


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

Content of announcement in English

Title

Construction contract (Ämari flight base)

Message

Nordecon AS signed a construction contract with Estonian Ministry of Defence
for the construction of auxiliary buildings and infrastructure in Ämari flight
base. The value of the contract is 10.85 million euros. 

Tallinn, Estonia, 2011-05-02 10:30 CEST (GLOBE NEWSWIRE) --
Nordecon AS signed a construction contract with Estonian Ministry of Defence
for the construction of auxiliary buildings and infrastructure in Ämari flight
base. The buildings include hangars, garage and workshop for vehicles, medical
center, terminal for military personnel, warehouse for cargo and storage
facility for nitrogen and oxygen. The net area of buildings is approximately
7,200 square meters. The construction of infrastructure includes surface layers
of 66,000 square meters (incl. asphalt layer of 51,000 square meters). Total
length of pipelines (water, drainage etc.) is 10,000 running meters. 

The construction of NATO's infrastructure projects is co-financed by NATO
Security Investment Program (NSIP). 

The value of the contract without client's reserve is 10.85 million euros,
excluding VAT. 

The works begin in May 2011 and per plans last for 11 months.



Nordecon 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 AS, a company registered and
located in Tallinn, Estonia. In addition to the parent company, there are more
than 10 subsidiaries in the Group. The consolidated revenue of the Group in
2010 was 99.3 million euros. Currently Nordecon Group employs nearly 700
people. Since 18 May 2006, the company's shares have been quoted in the main
list of the NASDAQ OMX Tallinn Stock Exchange. 


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