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

3449

Submission date and time

12.08.2011 10:02:40

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Sillamäe sadam)

Message

Nordecon AS ja Sillamäe Sadam AS sõlmisid ehituslepingud Sillamäe sadama
infrastruktuuri arendamise järgmise etapi raames. 

Tallinn, Eesti, 2011-08-12 09:02 CEST (GLOBE NEWSWIRE) --
Nordecon AS ja Sillamäe Sadam AS sõlmisid ehituslepingud Sillamäe sadama
infrastruktuuri arendamise järgmise etapi raames. Tööde käigus ehitatakse uus
kailiin kogupikkusega üle 800 meetri, valmistatakse kasutamiseks ette ca 40 ha
ulatuses konteiner- ja üldkaupade terminali territooriumit ja paigaldatakse
vajalik taristu konteinerkraanade tööks. Samuti laiendatakse seoses 6 uue
jaamatee ehitusega oluliselt raudteejaama kahetasapinnalise ristmiku
autotunnelit. Tööde teostamiseks kulub ligikaudu 10 000 m3 betooni ning 6 000
tonni terast. 

Lepingute kogumaksumus on 20 miljonit eurot, millele lisandub käibemaks.

Töid alustatakse augustis 2011 ning planeeritakse lõpetada 2012 aasta viimases
kvartalis. 



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 (Port of Sillamäe)

Message

Nordecon AS and Sillamäe Sadam AS signed construction contracts for the next
development phase of the infrastructure of port of Sillamäe 

Tallinn, Estonia, 2011-08-12 09:02 CEST (GLOBE NEWSWIRE) --
Nordecon AS and Sillamäe Sadam AS signed construction contracts for the next
development phase of the infrastructure of port of Sillamäe (situated in the
North-East part of Estonia). The works include construction of new piers (800
meters), preparation of the container and general goods storage territory (40
hectares) and installation of infrastructure for the container cranes. Six new
branches of railway will be built for the port's rail station which also
requires an expansion of the existing transport tunnel. The works require
approximately 10,000 cubic meters of concrete and 6,000 tons of steel. 

The value of the contracts is 20 million euros, excluding VAT.

Works begin in August 2011 and are expected to finish in the last quarter of
2012. 



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