Construction contract (Raadi administrative building)
March 06 2023 - 1:00AM
Construction contract (Raadi administrative building)
AS Nordecon group company Embach Ehitus OÜ and
Centre of Defence Investments entered into a contract for the
design and construction of an administrative building in the Raadi
campus located Raatuse 10, Tartu. The planned three storey building
has closed net area of 1,753 sqm. In addition, the outdoor space
surrounding the building and the necessary utility network will be
built.
The cost of the contract is 5.2 million euros,
plus reserve and VAT. The design and construction period is 18
months.
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, Finland, Ukraine and Sweden. The parent of the Group is
Nordecon AS, a company registered and located in Tallinn, Estonia.
The consolidated unaudited revenue of the Group in 2022 was 323
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 HõbemägiNordecon ASHead of Investor
RelationsTel: +372 6272
022E-mail: andri.hobemagi@nordecon.comwww.nordecon.com
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