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

7491

Submission date and time

16.09.2019 11:36:24

Content of announcement in Estonian

Title

Lepingu sõlmimine (Sillamäe rannapromenaadi ehitus)

Message

Sillamäe  linnavalitsus ja  Nordecon AS  sõlmisid lepingu  Sillamäele 640 meetri
pikkuse  rannapromenaadi  ehituseks.  Ehitustööd  algavad  septembris  2019 ning
lõppevad   31. detsembril   2020. Projekti  maksumus  on  4,055 miljonit  eurot,
sealhulgas käibemaks.

Tulevase  rannapromenaadi pikkus  on ligikaudu  640 meetrit ja  see paikneb Mere
puiestee  ja  sadama  juurde  ulatuva  Veski  tänava  vahel. Promenaadi ja linna
ühendamiseks  rekonstrueeritakse üks  olemasolev sild  ja ehitatakse juurde kaks
uut   valgustusega   silda.    Promenaadi  põhitee  kaetakse  projekti  kohaselt
klinkertellisega   -   tee   on   mõeldud   jalakäijatele,   jalgratturitele  ja
sportlastele.  Promenaadi äärde ehitatakse  mitmetasandiline vaatetorn, majakas,
vabaõhulava, kohvik, rajatakse valgustis trepistikele ja sildadele. Promenaadile
ehitatakse ka seitse valgustatud ja aurugeneraatoritega varustatud purskkaevu.

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  680 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 (Sillamäe seaside promenade)

Message

Sillamäe  Town Government and Nordecon AS signed a contract for the construction
of  a  640-metre-long  seaside  promenade.  Construction will begin in September
2019 and  the work  will be  delivered to  the customer on 31 December 2020. The
value of the contract is 4.055 million euros (including VAT).

The  future seaside promenade will be  approximately 640 metres long and will be
located between Mere Boulevard and Veski Street, a street leading to the port. A
bridge  will be reconstructed and  two new illuminated bridges  will be built to
connect  the promenade with the  city. The main street  of the promenade will be
covered  with clinker bricks - designed for pedestrians, cyclists, and athletes.
A  multi-level  observation  tower,  a  lighthouse,  an  open-air  stage,  and a
cafeteria  will be built along the promenade,  with light fixtures on stairs and
bridges. The promenade will also receive seven illuminated steam fountains.

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  680 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])
 (mailto:[email protected])www.nordecon.com (http://www.nordecon.com)