Nordecon AS signed a contract with OÜ Dollimer Invest for the construction works of the office and apartment building in Rotermanni quarter, Tallinn city. The two floors below-ground volume of R18 is already completed, Nordecon AS will erect its above ground section. The building complex will consist of two buildings with the closed net area of 10,917 sqm. On the first floor the shopping areas will be located, on floors two to six partially offices. In addition to that, the building will have 58 apartments.
The value of the works is close to 9 million euros, excluding VAT. The construction works will be completed in July 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 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
Investorsuhete juht
Tel: +372 6272 022
Email: andri.hobemagi@nordecon.com
www.nordecon.com