Published: 2019-07-03 07:00:00 CEST
Nordecon
Company Announcement

Construction contract (Storage facilities complex in the Defence Forces base in Tapa)

Nordecon AS and the Centre for Defence Investment of Estonia entered into contract for the design and construction of storage facilities complex with associated grounds, roads and premises in the Defence Forces base in Loode 35, Tapa. 

The value of the contract is 10.1 million euros plus value added tax. The construction is set to begin in July 2019 and will be completed by the end of 2020.

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 2018 was 223 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: andri.hobemagi@nordecon.com 
www.nordecon.com