Nordecon

Regulatory Filings • Jun 30, 2025

Construction contract (Defence-related facilities)

Construction contract (Defence-related facilities)

Nordecon AS and its subsidiary Embach Ehitus OÜ as joint bidders and the
Estonian Centre for Defence Investments have signed a contract for the design
and construction of defence-related facilities. The contract is valued at 34.3
million euros, plus VAT, and the construction will be completed within 14
months.

Nordecon (www.nordecon.com (http://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 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 2024 was 224 million euros. Currently
Nordecon Group employs close 411 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] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)