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

8672

Submission date and time

29.03.2021 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Tuulepargi ehitustööd Targales)

Message

AS Nordecon kontserni ettevõte Nordecon Betoon OÜ (brändinimi NOBE), Connecto
Eesti AS ning Verston Ehitus OÜ ühispakkujatena ja Utilitase energiakontserni
kuuluv SIA TCK sõlmisid töövõtulepingu tuulepargi ehitustööde teostamiseks
Lätis, Targale vallas.  Rajatav tuulepark koosneb 14 tuulegeneraatorist, mille
püstitamiseks ehitatakse välja teede- ja elektrivõrgustik ning generaatorite
vundamendid.

Teostatavate tööde maksumus on ligi 13,5 miljonit eurot, millele lisandub
käibemaks, ning need valmivad 2022. a oktoobris.

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])
www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Construction contract (Windfarm construction works in Targale)

Message

AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE), Connecto Eesti
AS and Verston Ehitus OÜ as joint bidders entered into contract with SIA TCK, an
Utilitas energy group company for construction of a windfarm in Targale, Latvia.
The windfarm will consist of 14 wind turbines, for which the road and
electricity network as well as foundations for the turbines will be built.

The cost of the works is close to 13.5 million euros plus value added tax and
the works will be completed by October 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)