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
5310
Submission date and time
13.01.2016 17:24:44
Content of announcement in Estonian
Title
Kohtulahend vaidluses Tivoli Arendus OÜ’ga
Message
08.01.2016 tegi Tallinna Ringkonnakohus otsuse Arco Vara AS kontserni kuuluva
Tivoli Arendus OÜ apellatsioonkaebuse osas tsiviilasjas „Nordecon AS’i hagi
Tivoli Arendus OÜ vastu lepingu lõppemise tuvastamiseks, võlgnevuse koos
viivisega saamiseks ning garantii tagastamiseks ja Tivoli Arendus OÜ vastuhagi
Nordecon AS’i vastu leppetrahvi koos viivise saamiseks ning alternatiivselt
kahju hüvitise koos viivisega saamiseks.“
Tallinna Ringkonnakohus jättis Harju Maakohtu 23.04.2015 otsuse muutmata ja
apellatsioonkaebuse rahuldamata.
Tallinna Ringkonnakohtu otsus on alljärgnev:
- leping on lõppenud Nordecon AS’i poolt lepingust taganemisega;
- Tivoli Arendus OÜ’d kohustati Nordecon AS’le tagastama viimase poolt
lepinguliste kohustuste täitmise tagatisena antud garantii;
- Nordecon AS’i kasuks on Tivoli Arendus OÜ’lt välja mõistetud võlg ning
viivis ligikaudses kogusummas 182 tuhat eurot;
- Tivoli Arendus OÜ vastuhagis esitatud nõuded jätta täies ulatuses
rahuldamata.
Tivoli Arendus OÜ’l on võimalus esitada kassatsioonkaebus hiljemalt 08.02.2016.
Varem avalikustatud seonduvad börsiteated:
22.05.2012 - Ehituslepingu sõlmimine (Tivoli elamuarendus)
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=507
185&messageId=622520
05.02.2013 - Vastus Arco Vara AS börsiteatele (04.02.2013) seoses Tivoli
elamuarenduse lepingu lõpetamisega
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=540
034&messageId=665157
13.06.2013 - Ehituslepingust taganemine (Tivoli elamuarendus)
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=561
511&messageId=693118
02.10.2013 - Vastus Arco Vara AS börsiteatele (30.09.2013) seoses nõude
esitamisega Nordecon AS vastu
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=575
169&messageId=710797
05.05.2015 - Kohtulahend vaidluses Tivoli Arendus OÜ’ga
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=658
721&messageId=819649
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 2014. aasta
konsolideeritud müügitulu oli 161 miljonit eurot ja puhaskasum 2,3 miljonit
eurot. Nordeconi kontsern annab hetkel tööd ligi 700 inimesele. Alates
18.05.2006 on emaettevõtte aktsiad noteeritud NASDAQ OMX Tallinna Börsi
põhinimekirjas.
Andri Hõbemägi
Nordecon AS
Investorsuhete juht
Tel: +372 6272 022
Email: [email protected]
www.nordecon.com
Content of announcement in English
Title
Court decision regarding dispute with Tivoli Arendus OÜ
Message
Tallinn Circuit Court decided on 08 January 2016 regarding Tivoli Arendus OÜ’s,
a company belonging to Arco Vara AS group, appeal in the civil matter „Action
of Nordecon AS against Tivoli Arendus OÜ regarding the establishment of
termination of the agreement, claiming the debt with the late interest and the
return of the guarantee, and the counterclaim of Tivoli Arendus OÜ against
Nordecon AS claiming for the contractual penalty and late interest, and
alternatively compensation for damage and late interest.“
The court decided not to change the Harju County Court’s decision as of 23
April 2015 and not to accept the appeal.
Tallinn Circuit Court has decided as follows:
- the agreement has been terminated lawfully by Nordecon AS by
withdrawing from the agreement;
- Tivoli Arendus OÜ is required to return to Nordecon AS the bank
guarantee granted by the latter as a security with respect of the construction
agreement;
- Tivoli Arendus OÜ is obliged to pay the debt and the late interest in
favor of Nordecon AS in the total approximate amount of 182 thousand euros;
- the counterclaim submitted by Tivoli Arendus OÜ has been fully rejected.
Tivoli Arendus OÜ has the possibility to file a cassation on 08 February 2016
at the latest.
Previous related announcements:
22 May 2012 - Construction contract (Tivoli residential development)
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=507
185&messageId=622519
5 February 2013 - Comments on Arco Vara AS announcement (4 February 2013)
regarding the termination of Tivoli residential development contract
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=540
034&messageId=665156
13 June 2013 - Termination of construction contract (Tivoli residential
development)
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=561
511&messageId=693117
2 October 2013 - Comments on Arco Vara AS announcement (30 September 2013)
regarding the claim made against Nordecon AS
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=575
169&messageId=710796
05 May 2015 - Court decision regarding dispute with Tivoli Arendus OÜ
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=658
721&messageId=819648
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
2014 was 161 million euros and net profit 2.3 million euros. Currently Nordecon
Group employs close to 700 people. Since 18 May 2006 the company's shares have
been quoted in the main list of the NASDAQ OMX Tallinn Stock Exchange.
Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
Email: [email protected]
www.nordecon.com