Nordecon Secures Major Contract for Building Facility Project
Exciting New Contract for Nordecon
In an impressive development, Nordecon has entered into a contract with the Estonian Centre for Defence Investments for the design and construction of a significant building facility. With a value of approximately 3.7 million euros plus VAT, this project marks a key milestone for the company and is set for completion in the spring of 2026.
About Nordecon
Nordecon is not just any construction company; it’s a group of dedicated construction experts specializing in project management and general contracting, particularly within the buildings and infrastructures segment. The group has established a strong presence in regions like Estonia, Ukraine, and Sweden, showcasing their geographical reach and expertise.
Nordecon's Corporate Identity
At the core of the group is Nordecon AS, based in Tallinn, Estonia. This company has proven itself as a reliable member of the construction industry, with unaudited consolidated revenues reflecting 224 million euros in 2024. Currently, Nordecon Group employs around 435 people, all contributing to its ongoing success and growth.
Future Growth Prospects
With its shares quoted on the main list of the Nasdaq Tallinn Stock Exchange since May 18, 2006, Nordecon continues to demonstrate its commitment to transparency and shareholder engagement. The company’s future looks promising as it embarks on this significant project, which not only showcases the company's capabilities but also opens doors for further opportunities.
Community and Economic Impact
This new contract is expected to impact both the local economy and the broader construction industry positively. By committing to complete the building facility in a timely manner, Nordecon is likely to create jobs and foster growth in the region, enhancing its reputation as a leader in construction services.
Contact Information
If you wish to learn more about Nordecon or inquire about future projects, reaching out is easy. Andri Hõbemägi, the Head of Investor Relations, is available for any questions. You can reach Andri at: Tel: +372 6272 022 or via email at andri.hobemagi@nordecon.com. For more insights and updates, feel free to visit their main website at www.nordecon.com.
Frequently Asked Questions
What is the value of the new construction contract signed by Nordecon?
The contract is valued at approximately 3.7 million euros plus VAT.
When is the expected completion date for the building facility?
The completion of the project is scheduled for the spring of 2026.
In which countries does Nordecon operate?
Nordecon operates in Estonia, Ukraine, and Sweden.
How many employees does Nordecon have?
Nordecon currently employs around 435 people.
Where can I find more information about Nordecon?
More detailed information can be found on their official website at www.nordecon.com.
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