Nordecon AS
Company Announcement
Construction contract (Production complex of Tallinn City Theatre)
Eston Ehitus AS, a Nordecon Group company entered into a contract with Tallinn City Theatre and City Property Department of Tallinn for the construction of production complex of Tallinn City Theatre, located Suur-Sõjamäe str, Tallinn. The agreement includes the demolition of existing portal frame building and boundary fences and construction of the new complex building as well as utility networks, roads-grounds, landscaping and fences necessary for the service of the complex.
The value of the contract is 3.4 million euros plus value added tax and the construction works will be completed by July 2020.
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. The consolidated revenue of the Group in 2018 was 223 million euros. Currently Nordecon Group employs close to 660 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