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

8665

Submission date and time

23.03.2021 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Uusmäe korterelamud)

Message

Nordecon  AS  kontserni  kuuluv  Nordecon  Betoon  OÜ  (brändinimi NOBE) ja Saku
Korterid  OÜ  sõlmisid  lepingu  Saku  keskusesse  rajatava  Uusmäe elamurajooni
korterelamute ehitustöödeks.

Tööde  maksumus  on  3,4 miljonit  eurot,  millele lisandub käibemaks, ning need
valmivad 2022. a aprillikuuks.

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, Rootsis, Soomes ja  Ukrainas. Kontserni emaettevõte Nordecon
AS   on   registreeritud   ja  asub  Tallinnas,  Eestis.  Kontserni  2020. aasta
auditeerimata   konsolideeritud  müügitulu  oli  296 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] (mailto:[email protected])
 (mailto:[email protected])www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Construction contract (Uusmäe apartment houses)

Message

Nordecon  Betoon OÜ (brand name NOBE), a  Nordecon Group company, entered into a
contract  with Saku Korterid  OÜ for the  construction of apartment buildings in
Uusmäe district located in the centre of Saku.

The value of the contract is 3.4 million euros without VAT and the works will be
completed in April 2022.

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
unaudited  consolidated  revenue  of  the  Group  in 2020 was 296 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)