Published: 2019-02-27 17:11:11 CET
Nordecon
Company Announcement

Construction contract (Narva training center of Estonian Academy of Security Sciences and University of Tartu)

Nordecon AS will conclude tomorrow the agreement with Estonian Academy of Security Sciences and University of Tartu for the construction of Narva training center. The study, training and accommodation facilities together with the sports center, indoor pool and the firing range located on the Kerese street with the total space of 11,952 sqm will be completed in September 2020 and will cost 15.4 million euros excl VAT.
  
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 unaudited revenue of the Group in 2018 was 223 million euros. Currently Nordecon Group employs close to 690 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