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

9750

Submission date and time

15.08.2022 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Tuulepargi ehitustööd Saarde vallas)

Message

AS Nordecon kontserni ettevõte Nordecon Betoon OÜ (brändinimi NOBE), Connecto
Eesti AS ning Verston Ehitus OÜ ühispakkujatena ja Utilitase energiakontserni
kuuluv Tuulepealne Maa OÜ sõlmisid töövõtulepingu tuulepargi ehitustööde
teostamiseks Eestis, Saarde vallas.  Rajatav tuulepark koosneb 9
tuulegeneraatorist, mille püstitamiseks ehitatakse välja teede- ja
elektrivõrgustik ning generaatorite vundamendid.

Teostatavate tööde maksumus on ligi 12,5 miljonit eurot, millele lisandub
käibemaks, ning need valmivad 2023. a oktoobris.

Nordeconi kontsern (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=UaqRdroVwGAO-
fhEVM21TAU1qlkeeAL5nlwvnpj3koig7j74cQPmtY761gbF7Cn3mUag8wF1A3BVmXV8szgdIA==))
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 670 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 (Windfarm construction works in Saarde)

Message

AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE), Connecto Eesti
AS and Verston Ehitus OÜ as joint bidders entered into contract with Tuulepealne
Maa OÜ, an Utilitas energy group company for construction of a windfarm in
Saarde, Estonia. The windfarm will consist of 9 wind turbines, for which the
road and electricity network as well as foundations for the turbines will be
built.

The cost of the works is close to 12.5 million euros plus value added tax and
the works will be completed by October 2023.

Nordecon (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=UaqRdroVwGAO-
fhEVM21TAU1qlkeeAL5nlwvnpj3koig7j74cQPmtY761gbF7Cn3mUag8wF1A3BVmXV8szgdIA==)) 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 670 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/)