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

8726

Submission date and time

20.04.2021 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Tiskreoja elurajooni teine etapp)

Message

Nordecon  AS kontserni kuuluv  ettevõte Nordecon Betoon  OÜ (brändinimi NOBE) ja
Invego  Gruppi  kuuluv  Tiskreoja  OÜ  sõlmisid  lepingu  Tallinna  läänepiirile
rajatava  Tiskreoja  elurajooni  teise  etapi  projekteerimis- ja ehitustöödeks.
Teise  etapi käigus  ehitatakse 15 ridaelamut  77 korteriga ning  neid teenindav
taristu.

Kogu  lepingu  maksumus  on  10,6 miljonit  eurot,  hinnale  lisandub käibemaks.
Projekti esimesed viis ridaelamut valmivad veebruaris 2022.

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 (Tiskreoja housing estate second phase)

Message

Nordecon  Betoon OÜ (brand name  NOBE), a Nordecon Group  company entered into a
contract  with  Tiskreoja  OÜ,  an  Invego  Group  company  for  the  design and
construction  of the  second phase  of Tiskreoja  housing estate  at the western
outskirts  of Tallinn. During this  phase, 15 terraced houses with 77 apartments
together with the servicing infrastructure will be built.

The  value of the contract is 10.6 million euros plus value added tax. The first
five houses will be completed in February 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)