Published: 2020-07-02 12:50:58 CEST
Nordecon
Company Announcement

Construction contract (Lidl store in Tartu)

AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE) entered into contract with Lidl Eesti OÜ for construction of a grocery store located Kalda road 29, Tartu. The store building will have one floor with total closed net space of 2,300 sqm.

The cost of the works is close to 3.0 million euros plus value added tax and the works will be completed by July 2021.

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, Sweden, Finland and Ukraine. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2019 was 234 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