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

4328

Submission date and time

25.02.2014 09:14:27

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Estonia Spa Hotels)

Message

Nordecon AS ja Estonia Spa Hotels AS sõlmisid Pärnus asuva Estonia Spa hotelli-
ja spaakompleksi juurdeehitustööde projekteerimis- ja ehituslepingu. 

Tallinn, Eesti, 2014-02-25 08:14 CET (GLOBE NEWSWIRE) --
Nordecon AS ja Estonia Spa Hotels AS sõlmisid Pärnus asuva Estonia Spa hotelli-
ja spaakompleksi juurdeehitustööde projekteerimis- ja ehituslepingu. Hotellis
uueneb põhjalikult ruumide sisekujundus ning hotellitubade arv kasvab 106-le.
Spaakeskuse juurdeehitusega valmib konverentsi- ja veekeskus. 

Tööde lepinguline maksumus on ligikaudu 8,3 miljonit eurot, millele lisandub
käibemaks. Projekteerimistööde lõppedes algavad ehitustööd augustis ning
lõpevad juunis 2015. 



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 2013. aasta
auditeerimata konsolideeritud müügitulu oli 174 miljonit eurot. Nordeconi
kontsern annab hetkel tööd üle 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 (Estonia Spa Hotels)

Message

Nordecon AS and Estonia Spa Hotels AS have signed an agreement on the design
and construction works for the annex of Estonia Spa hotel and spa complex. 

Tallinn, Estonia, 2014-02-25 08:14 CET (GLOBE NEWSWIRE) --
Nordecon AS and Estonia Spa Hotels AS have signed an agreement on the design
and construction works for the annex of Estonia Spa hotel and spa complex in
Pärnu (town situated in southwestern part of Estonia). The interior design of
the hotel will be renewed and the number of hotel rooms will rise to 106. The
annex of the spa will include a conference and water center. 

The value of the contract is approximately 8.3 million euros (excluding VAT).
The construction begins after the completion of design works in August 2014 and
ends in June 2015. 



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 unaudited consolidated revenue of the
Group in 2013 was 174 million euros. Currently Nordecon Group employs more than
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