Nordecon AS, its subsidiary Nordecon Betoon OÜ and OÜ ITT Capital signed a contract for the construction works of modular houses production building for OÜ Harmet in Harku rural municipality. The building with gross space of 26,845 sqm will consist of one-storey production and storage area as well as three-storey block for office and service space. In addition to that necessary access roads, areas and utility networks will be built.
The value of the works is over 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
Head of Investor Relations
Tel: +372 6272 022
Email: andri.hobemagi@nordecon.com
www.nordecon.com