Construction contract (Logi street and Old City Harbour north-west section)


Nordecon AS signed a contract with AS Tallinna Sadam for the reconstruction works of Logi street and construction of new entrance zones and waiting areas in the north-west section of Old City Harbour in Tallinn.

The value of the works is 5.97 million euros, excluding VAT. The construction works will be completed in May 2017.


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. In addition to the parent company, there are more than 10 subsidiaries in the Group. The consolidated revenue of the Group in 2015 was 145.5 million euros. Currently Nordecon Group employs more than 650 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