M&A Activity • Aug 2, 2021
M&A Activity
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| Company | Nordecon AS |
|---|---|
| Type | Company Release |
| Category | Other corporate action |
| Disclosure time | 02 Aug 2021 11:00:00 +0300 |
Currency
Construction contract (Roseni Maja) Title
Nordecon AS entered into an agreement with Roseni Kinnisvara OÜ, a member of the NG Investeeringud group, for the construction of Roseni Maja office building at Ahtri 4 in Tallinn. A six-storey building with two underground parking floors with a closed gross area of 15,150 sqm will be erected on the property.
The total value of the contract is close to EUR 17 million plus VAT, and the construction will be completed in June 2023.
(https://www.globenewswire.com/Tracker?data=kHCW_vZ5GZh7RO8L1bCpI4LelPIGhcZHTZho 2AbGuDQzvXAZdTrydt08HzjaTChDr3sWVTRBfGFp6Kcttcs88g==)) 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, Sweden, Finland and Ukraine. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2020 was 296 million euros. Currently Nordecon Group employs 675 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: [email protected] (https://www.globenewswire.com/Tracker?data=1n19EvBB6LNEKZTAyjn-I0v8 zfTQnRJNKneDibdAGSd2UseG1bRRQl4XuTpPT9nDJV1AQcVyRBpUtmPrpC5WSoFXkucKjCPr2KgqTL4P m1T3o9ww_TwZGSyyWUKDHoG) (https://www.globenewswire.com/Tracker?data=pNl2Yxcmi9JQXaQEHdtXxjP89s2fX0FhyvUUa5ushtgyIdQu3Tus0UzmzlOGdBFlNnK6pwQfaosk28KssLrTw ==)www.nordecon.com (https://www.globenewswire.com/Tracker?data=kHCW_vZ5GZh7RO8L1bCpI45um7AWmY22cCBZ L9PeWLwI2eSVO7FzW6lIzLEir_cECKdblba1Nu1e0w2FCeB6OQ==)
Finantsinspektsioon http://www.fi.ee
Nordecon AS entered into an agreement with Roseni Kinnisvara OÜ, a member of the NG Investeeringud group, for the construction of Roseni Maja office building at Ahtri 4 in Tallinn. A six-storey building with two underground parking floors with a closed gross area of 15,150 sqm will be erected on the property.
The total value of the contract is close to EUR 17 million plus VAT, and the construction will be completed in June 2023.
Nordecon (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=kHCW_vZ5GZh7RO8L1bCpI4LelPIGhcZHTZho 2AbGuDQzvXAZdTrydt08HzjaTChDr3sWVTRBfGFp6Kcttcs88g==)) 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, Sweden, Finland and Ukraine. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2020 was 296 million euros. Currently Nordecon Group employs 675 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: [email protected] (https://www.globenewswire.com/Tracker?data=1n19EvBB6LNEKZTAyjn-I0v8 zfTQnRJNKneDibdAGSd2UseG1bRRQl4XuTpPT9nDJV1AQcVyRBpUtmPrpC5WSoFXkucKjCPr2KgqTL4P m1T3o9ww_TwZGSyyWUKDHoG) (https://www.globenewswire.com/Tracker?data=pNl2Y-
xcmi9JQXaQEHdtXxjP89s2fX0FhyvUUa5ushtgyIdQu3Tus0UzmzlOGdBFlNnK6pwQfaosk28KssLrTw ==)www.nordecon.com
(https://www.globenewswire.com/Tracker?data=kHCW_vZ5GZh7RO8L1bCpI45um7AWmY22cCBZ L9PeWLwI2eSVO7FzW6lIzLEir_cECKdblba1Nu1e0w2FCeB6OQ==)
Finantsinspektsioon http://www.fi.ee
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