Construction contract (Port Athena commercial and office complex)
February 06 2023 - 2:00AM
Construction contract (Port Athena commercial and office complex)
AS Nordecon group company Embach Ehitus OÜ and
Kaarsilla Kinnisvara OÜ signed a contract for the construction of a
building complex in the Port Athena quarter at Tartu, Väike-Turu 7.
The planned group of buildings consists of four six-story and one
seven-story building. The common underground floor is mostly used
as a parking facility. Commercial and office spaces will be located
on the ground floors of the buildings.
The cost of the contract is 29.9 million euros,
plus VAT. The construction period of the complex is 29 months from
the issuance of the building permit.
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 revenue of the Group in 2021 was 289 million
euros. Currently Nordecon Group employs close to 670 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.com
www.nordecon.com
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