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

8384

Submission date and time

16.11.2020 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Tähetorni Tehnopargi stock-office ärihoone)

Message

Nordecon AS ja OÜ Favorte H24 sõlmisid lepingu stock-office tüüpi kahekordse
ärihoone rajamiseks Tähetorni Tehnoparki aadressile Härgmäe tn 24, Tallinn. Ligi
5 500 m(2) kombineeritud äripinnaga hoone maksumus koos juurdekuuluvate teede ja
trassidega on 2,7 miljonit eurot, millele lisandub käibemaks.

Nordeconi kontsern (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=SYVp-9_2t0gs37qtCdjd_9RxhgsVhp1BiFO-
ZVqzUbDB9B89Ls0a3ZhUI5dEIbnzfoz-IsGkkzbJ58HV9UNyTFyi_OOIBDhBIuCSv5bFuj1lPg-
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qqASiWkE8Y9vn5ARu2p1WgGg9E761OF64IBtT6Q1wv32x9ZVZEZkLxl3Eiel5Azv5ayM7EUhlRRsaFyw
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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8U5KjHnn810=)

(https://www.globenewswire.com/Tracker?data=IqnfKvga3FEGhRVLD1S9PRHXHojbx2RvYiUU
n-KUnDTlPx4EKElAcOJH6BP-W502C9IpPYcvexkdYDfF_lmZV-
MU6nqqnlDvUyqyuF3Uj62Wchw3_7wuZU22iQMELkoQRI5WzKjVmnqgd_RHYHP7BbtCAEY_zmQra6Zb4u
MPSvXGVxrdzTe5vUsaqI3DGGPHRWetMbxlKdNOnbkEd2MiHw==)www.nordecon.com
(https://www.globenewswire.com/Tracker?data=SYVp-
9_2t0gs37qtCdjd_ykS8awB5F3s8QmRXmqWDu2gySGGFHgMafpkGOPJqAP3_vFNhYTDkIlWHv_O1dDZL
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5xZyBco4ILGAHRECA=)

Content of announcement in English

Title

Construction contract (Stock office building in Tähetorni Tehnopark)

Message

AS  Nordecon and OÜ Favorte H24 entered  into contract for the construction of a
two-storey stock office building in Tähetorni Tehnopark located Härgmäe str 24,
Tallinn.  The cost  of the  building with  5,500 sqm combined rentable space and
associated roads and utility lines is 2.7 million euros plus VAT.

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)