Nordecon AS signed a contract with Rae rural municipality government for the design and construction of Järveküla school. The school with 14,798 sqm of gross space will be built in Peetri small town. During the works a building with three interconnected sections, indoor pool and sporting facilities will be constructed.
The value of the works is 8.88 million euros, excluding VAT. The design and construction works will be completed in 11 months.
Nordecon 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 and Finland. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. In addition to the parent company, there are more than 10 subsidiaries in the Group. The consolidated revenue of the Group in 2014 was 161 million euros and net profit 2.3 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 OMX Tallinn Stock Exchange.
Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
Email: andri.hobemagi@nordecon.com
www.nordecon.com