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Published: 2018-09-03 08:00:00 CEST
Nordecon
Company Announcement

Construction contract (Swencn AB)

Swencn AB, a Nordecon Group company, entered into a contract for the performance of construction works on a residential development project in Stockholm area. The value of the contract is approximately 8.1 million euros incl value added tax. The construction works will commence in September 2018.

Nordecon (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, Ukraine, Finland 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 2017 was 231 million euros. Currently Nordecon Group employs close to 700 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: andri.hobemagi@nordecon.com
www.nordecon.com