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

9676

Submission date and time

13.07.2022 13:35:49

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Telšiai tuulepargi tuulikute vundamendid)

Message

Nordecon  AS kontserni kuuluv ettevõte NOBE  (ärinimi Nordecon Betoon OÜ) ja UAB
Degai?i?   v?jas   sõlmisid  lepingu  Leetu  Telshiai  linna  lähedusse  rajatava
tuulepargi  tuulikute vundamentide ehituseks. Leping  hõlmab endas nii pinnase-,
vaia- kui ka betoonitöid.

Tuulepark   on   koguvõimsusega   60,0 MW.  UAB  Degai?i?  V?jas  kuulub  Taanis
registreeritud  European Energy AS-ile.  Projekti ja NOBE  tellijaks on European
Energy Lithuania UAB.

NOBE  lepingu  maksumus  on  3 miljonit  eurot,  millele  lisandub  käibemaks ja
ehitustööd kestavad eeldatavalt kuni 2023. aasta jaanuarikuuni.

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, Soomes, Ukrainas ja  Rootsis. Kontserni emaettevõte Nordecon
AS   on   registreeritud   ja  asub  Tallinnas,  Eestis.  Kontserni  2021. aasta
konsolideeritud  müügitulu  oli  289 miljonit  eurot.  Nordeconi  kontsern annab
hetkel  tööd  ligi  660 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 (Telšiai windfarm turbine foundations)

Message

NOBE  (corporate name Nordecon Betoon OÜ), a Nordecon Group company entered into
a  contract with UAB Degai?i?  v?jas for the construction  of the foundations of
wind  turbines  to  be  erected  in  windfarm  close  to  the city of Telshiai in
Lithuania.  The agreement includes both concrete and anchoring as well as ground
works.

The windfarm will have a total installed capacity of 60.0 MW. UAB Degai?i? V?jas
is owned by European Energy AS from Denmark. The client for the project and NOBE
is European Energy Lithuania UAB.

The  value of the NOBE contract is 3 million  euros plus value added tax and the
construction works are expected to last until January 2023.

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,  Finland, Ukraine and Sweden. The
parent of the Group is Nordecon AS, a company registered and located in Tallinn,
Estonia.  The consolidated revenue  of the Group  in 2021 was 289 million euros.
Currently  Nordecon  Group  employs  close  to 660 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/)