Published: 2019-03-25 08:00:00 CET
Nordecon
Company Announcement

Construction contract (Uppsala apartment building)

SweNCN AB, a Nordecon Group company, entered into a contract with BRF Prefekten, a group company of the Swedish real estate developer OOF Bostad AB for the construction of a six-storey apartment building in Prefektgatan 8, Uppsala. The apartment building will be situated in Rosendal, a new residential area which is being developed in the vicinity of the centre of Uppsala. The building consists of 87 one- to three-room apartments on the gross area of 5,690 m2.

The value of the contract is 9.4 mEUR plus VAT.

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 unaudited revenue of the Group in 2018 was 223 million euros. Currently Nordecon Group employs close to 690 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