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

8909

Submission date and time

22.06.2021 17:00:00

Content of announcement in Estonian

Title

Mažeikiai Wind Farm tuulikute vundamenditööd

Message

Nordecon  AS andis oma 28.05.2021. a börsiteates teada, et Nordecon AS kontserni
kuuluv  ettevõte  NOBE  (ärinimi  Nordecon  Betoon  OÜ) ja Nordex Lithuania GmbH
sõlmisid  lepingu Leetu Mazheikiai linna  lähedusse rajatava Mazheikiai Wind Farmi
tuulepargi  14 tuuliku vundamentide  ehituseks, lepingulise  maksumusega ligi 6
miljonit eurot.

Seoses  tellija poolsete  eeltingimuste mittetäitmisega  teatab Nordecon  AS, et
mainitud lepingut täitmisele ei pöörata.

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 675 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

Mažeikiai Wind Farm turbine basement works

Message

In the  company announcement dated 28 May  2021, Nordecon AS announced that NOBE
(corporate  name  Nordecon  Betoon  OÜ),  a  Nordecon  Group company, and Nordex
Lithuania  GmbH entered into an agreement  for the construction of basements for
14 turbines  in Mazheikiai Wind  Farm to be  installed in Lithuania  close to the
city Mazheikiai, with the contract value of close to 6 million euros.

Due  to the  non-fulfilment of  the preconditions  by the  customer, Nordecon AS
announces that the said agreement will not be executed.

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 675 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])
 (mailto:[email protected])www.nordecon.com (http://www.nordecon.com)