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

8287

Submission date and time

05.10.2020 11:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Tallinna–Narva maantee Sillamäe linna lõigu ümberehitustööd)

Message

Nordecon AS ja Maanteeamet sõlmisid lepingu riigitee 1 Tallinn-Narva km
184,7-187,5 Sillamäe linna lõigu ümberehitustöödeks. Ehitustööde tulemusel
hakkab põhitee edaspidi kulgema uuel trassil süvendis, ristuvad kõrvalteed aga
üle raudbetoonist kaarsilla, kuna rajatakse eritasandiline liiklussõlm.
Maanteelõigu ümberehitustööde käigus teostakse ka tehnovõrkudega seonduvaid
töid, rajatakse sõiduautode- ja jalgrattaparkla ning müratõkkesein.

Tööde maksumus on 3,6 miljonit eurot, millele lisandub käibemaks. Ehitustööd
lõppevad 2021. aasta lõpuks.

Nordeconi kontsern (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=SYVp-9_2t0gs37qtCdjd_9RxhgsVhp1BiFO-
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bd_GDV_4PsGfh2O3qsEYNCniejYz_Tz7Un2P3_Q1P1vUzg66KlH6NzktogWW7IOfO_CoFGQzDvjqKNOM
jjddgIQCjIKYzZQQ=)) hõlmab ettevõtteid, mis on keskendunud hoonete ja rajatiste
ehitamise projektijuhtimisele ja peatöövõtule. Geograafiliselt tegutsevad
kontserni ettevõtted Eestis, Rootsis, Soomes ja Ukrainas. Kontserni emaettevõte
Nordecon AS on registreeritud ja asub Tallinnas, Eestis. Kontserni 2019. aasta
konsolideeritud müügitulu oli 234 miljonit eurot. Nordeconi kontsern annab
hetkel tööd ligi 710 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]
(https://www.globenewswire.com/Tracker?data=eCsoSGvqpG45LpodPInCHmU8OECORPWkHOfu
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(https://www.globenewswire.com/Tracker?data=IqnfKvga3FEGhRVLD1S9PRHXHojbx2RvYiUU
n-KUnDTlPx4EKElAcOJH6BP-W502C9IpPYcvexkdYDfF_lmZV-
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MPSvXGVxrdzTe5vUsaqI3DGGPHRWetMbxlKdNOnbkEd2MiHw==)www.nordecon.com
(https://www.globenewswire.com/Tracker?data=SYVp-
9_2t0gs37qtCdjd_ykS8awB5F3s8QmRXmqWDu2gySGGFHgMafpkGOPJqAP3_vFNhYTDkIlWHv_O1dDZL
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Content of announcement in English

Title

Construction contract (Reconstruction of the section of Tallinn-Narva Highway passing through the town of Sillamäe)

Message

Nordecon  AS  and  the  Estonian  Road  Administration  signed  an agreement for
reconstruction  works along kilometres 184.7-187.5 of  National Road 1 Tallinn -
Narva,  at the town of Sillamäe. As a result of the construction works, the main
road  will begin running along a new  route that is below grade, while secondary
roads  will cross  it via  a reinforced  concrete arch  bridge, as a multi-level
crossing  will be built. Also, works related to utility networks will be carried
out  as well, a car and  bicycle parking area will be  built, along with a noise
barrier wall.

The  cost of the works  is EUR 3.6 million, plus  VAT. Construction work will be
completed by the end of 2021.

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, Sweden, Finland and Ukraine. The
parent of the Group is Nordecon AS, a company registered and located in Tallinn,
Estonia. The consolidated revenue of the Group in 2019 was 234 million euros.
Currently Nordecon Group employs close to 710 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)