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 corporate action

Unique data record identifier

6869

Submission date and time

10.09.2018 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Kuuseheki 52 korterelamu)

Message

Nordecon  AS ja Kinnistud S OÜ sõlmisid lepingu Saue linna Kuuseheki 52 A-klassi
energiamärgisega   48 korteriga   kortermaja  ehitamiseks.  Ehitusleping  hõlmab
korterelamu  ja välistrasside  projekteerimis- ja  ehitustöid. Nelja trepikojaga
majal  on 4 155 m(2)  bruto- ning  3 500 m(2) netopinda.  Hoonel saab olema kolm
maapealset ja üks maa-alune korrus.

Lepingu  maksumus on 3,5 miljonit eurot,  millele lisandub käibemaks. Ehitustööd
algavad septembri keskel, maja valmib 2019. aasta novembri lõpuks.

Nordeconi    kontsern    (www.nordecon.com   (http://www.nordecon.com))   hõlmab
ettevõtteid,    mis    on    keskendunud    hoonete   ja   rajatiste   ehitamise
projektijuhtimisele   ja   peatöövõtule.  Geograafiliselt  tegutsevad  kontserni
ettevõtted  Eestis, Ukrainas, Soomes ja  Rootsis. Kontserni emaettevõte Nordecon
AS   on   registreeritud   ja  asub  Tallinnas,  Eestis.  Kontserni  2017. aasta
konsolideeritud  müügitulu  oli  231 miljonit  eurot.  Nordeconi  kontsern annab
hetkel  tööd  ligi  700 inimesele.  Alates  18.05.2006 on  emaettevõtte  aktsiad
noteeritud NASDAQ Tallinna Börsi põhinimekirjas.

Andri Hõbemägi
Nordecon AS
Investorsuhete juht
Tel: +372 6272 022
Email: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Construction contract (Kuuseheki 52 apartment building)

Message

Nordecon  AS and Kinnistud S  OÜ entered into contract  for building the Class A
energy  rating apartment building with  48 apartments at Kuuseheki 52, Saue. The
agreement  includes performance of design and construction works of the building
and  utility networks.  Extending over  three above  ground and  one underground
floors,  this four-staircase building will  have a gross area  of 4,155 m² and a
net area of 3,500 m².

The  contract  value  is  3.5 million  euros  plus  VAT. The building is due for
completion in November 2019.

Nordecon (www.nordecon.com (http://www.nordecon.com)) 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, Finland and Sweden. The parent of the Group
is  Nordecon  AS,  a  company  registered  and  located in Tallinn, Estonia. The
consolidated  revenue  of  the  Group  in  2017 was 231 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 Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)