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

7348

Submission date and time

10.06.2019 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Raadimõisa Kodu kortermajade ehitus)

Message

Nordecon  AS  kontserni  kuuluv  Nordecon  Betoon  OÜ (brändinimi NOBE) ja Mapri
Ehitus  OÜ konsortsium sõlmis  lepingu ettevõttega Reterra  Estate OÜ Raadimõisa
Kodu  kortermajade  esimese  etapi  projekteerimiseks  ja  ehitamiseks aadressil
Raadiraja  18 ja 20, Tartu. Esimene  etapp hõlmab kahe  hoone ehitust kogumahuga
64 korterit. Kokku saab Raadimõisa Kodu arenduses olema kaheksa kortermaja.

Esimese  etapi maksumus on 3,92 miljonit eurot ilma käibemaksuta ning see valmib
2020. aasta aprillis.

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  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])
 (mailto:[email protected])www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Construction contract (Raadimõisa Kodu apartment houses)

Message

A  consortium of Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company,
and  Mapri Ehitus  OÜ entered  into a  contract with  Reterra Estate  OÜ for the
design  and construction of the first  phase of Raadimõisa Kodu apartment houses
located  at  Raadiraja  18 and  20, Tartu.  The  first phase is comprised of the
construction  of two buildings with total  of 64 apartments. The total volume of
Raadimõisa Kodu development will be eight apartment houses.

The  value of the first  phase is 3.92 million euros  without VAT and it will be
completed in April 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  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)