Published: 2019-01-15 15:30:00 CET
Company Announcement

Construction contract (Tartu University Hospital parking house)

Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a contract with Citypark Eesti OÜ for the design and construction of the Tartu University Hospital parking house located N. Lunin str 16, Tartu. The parking house will have one underground and five above ground floors and will accommodate 432 parking spaces.

The value of the contract is 3.95 million euros plus value added tax. The construction works will be completed in April 2020.

Nordecon ( 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 revenue of the Group in 2017 was 231 million euros. Currently Nordecon Group employs close to 700 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