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

7321

Submission date and time

28.05.2019 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (TalTechi teadus- ja õppehoone)

Message

Nordecon  AS  ja  Tallinna  Tehnikaülikool  (TalTech)  sõlmisid lepingu ülikooli
Mäepealse  3 teadus-ja  õppehoone  rekonstrueerimiseks  ja laiendamiseks. Esmalt
lammutatakse  praeguse  hoone  tänavapoolne  osa  ja  asendatakse uue ja suurema
ehitusmahuga  ning hoovipoolse katselaboriga osa rekonstrueeritakse. Hoones saab
olema  kolm  maapealset  ja  üks  maa-alune  korrus,  ehitise hoovipoolne osa on
liigendatud  ühekorruselisena.  Hoone  suletud  brutopind  kokku  on  4 068 m2.
Kinnistule ehitatakse ka parkla ja kergliiklustee koos välisvalgustusega.

Tööde  maksumus on 5,688 miljonit eurot,  hinnale lisandub käibemaks. Kavandatav
ehituse algus on juunis 2019 ja hoone valmib 2020. aasta mai 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  2018. aasta
konsolideeritud   auditeerimata  müügitulu  oli  223 miljonit  eurot.  Nordeconi
kontsern annab hetkel tööd ligi 660 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 (TalTech research and study building)

Message

Nordecon AS and Tallinn University of Technology (TalTech) signed a contract for
the reconstruction and extension of the university's research and study building
Mäepealse 3, Tallinn. The street side of the current building will be demolished
first  and replaced  with a  new and  larger building  volume, and the yard-side
testing  laboratory will be  reconstructed. The building  will have three on the
ground  floors and one underground  floor, and it is  partitioned with a single-
storey  part on the courtyard-side.  Total gross area of  the building is 4,068
sqm.  Also, there will  be a parking  lot and a  light traffic road with outdoor
lighting built on the property.

The  cost of the work is 5.688 million Euros, plus VAT. The planned construction
will begin in June 2019 and will be completed by the end of May 2020.

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  unaudited  revenue  of  the  Group  in 2018 was 223 million euros.
Currently  Nordecon  Group  employs  close  to 660 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)