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

8804

Submission date and time

12.05.2021 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Kuuseheki 54 korterelamu)

Message

Nordecon  AS ja  Estmak Capital  grupi ettevõte  Kinnistud S OÜ sõlmisid lepingu
Saue   linna  Kuuseheki  54 A-klassi  energiamärgisega  48 korteriga  kortermaja
ehitamiseks. Ehitusleping hõlmab korterelamu ja välistrasside projekteerimis- ja
ehitustöid.  Nelja trepikojaga majal on 4 155 m2 bruto- ning 3 500 m2 netopinda.
Hoonel saab olema kolm maapealset ja üks maa-alune korrus.

Lepingu  maksumus on 3,6 miljonit eurot, millele lisandub käibemaks. Maja valmib
2022. aasta suvel.

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
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 (Kuuseheki 54 apartment building)

Message

Nordecon  AS and Kinnistud  S OÜ, an  Estmak Capital group  company entered into
contract  for building  the Class  A energy  rating apartment  building with 48
apartments  at Kuuseheki 54, Saue. The  agreement includes performance of design
and  construction works  of the  building and  utility networks.  Extending over
three above ground and one underground floors, this four-staircase building will
have a gross area of 4,155 sqm and a net area of 3,500 sqm.

The  contract  value  is  3.6 million  euros  plus  VAT. The building is due for
completion in summer 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
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)