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

9726

Submission date and time

04.08.2022 11:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Kastanikodu elurajooni II etapp)

Message

Nordecon AS
Börsiteade

Ehituslepingu sõlmimine (Kastanikodu elurajooni II etapp)

AS  Nordecon  kontserni  ettevõte  Nordecon  Betoon  OÜ (brändinimi NOBE) sõlmis
töövõtulepingu   OÜ-ga   Kastanikodud   korterelamute  ehitustööde  teostamiseks
aadressile  Kastani tee 2 // 4 //  6 // 8 // 10 // Lepa  tee 3 // 5, Loo alevik,
Jõelähtme   vald.  Teises  etapis  rajatakse  kolm  korterelamut  120 korteriga.
Ehitustööde algus on kavandatud augustisse 2022.

Tööde  maksumus on  ligi 10,3 miljonit  eurot, millele  lisandub käibemaks, ning
need valmivad 2023. a sügiseks.

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

Content of announcement in English

Title

Construction contract (Kastanikodu housing estate second stage)

Message

Nordecon AS
Company Announcement

Construction contract (Kastanikodu housing estate second stage)

Nordecon  Betoon OÜ (brand name  NOBE), a Nordecon Group  company entered into a
contract  with OÜ Kastanikodud for the  construction of apartment houses located
Kastani  road  2 //  4 //  6 //  8 //  10 //  Lepa  road 3 // 5, Loo small town,
Jõelähtme  rural municipality. During  the second stage,  three apartment houses
with  total of 120 apartments will  be built. The works  will commence in August
2022.

The  value of the contract  is close to 10.3 million  euros plus value added tax
and the works will be completed in autumn 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)