news

  • 31. Oct 2019 Nordecon is building a new shool - Fortress School – for Peetri region

    Made Sarik, Mayor of Rae Rural Municipality, and Ando Voogma, Member of the Management Board of AS Nordecon, today signed a general contract to build a new 36-class basic school, Fortress School, which can accommodate up to 870 students. Teaching in the new schoolhouse begins on September 1st, 2020. The value of the contract resulting from the international procurement is EUR 13.83 million, excluding VAT.

  • 22. Oct 2019 Nordecon’s new location as of October, 28th 2019

    Nordecon AS is changing its location.

  • 21. Oct 2019 The first two construction phases of Pro Kapital's large-scale project, Kalaranna Quarter, will be carried out by Nordecon

    Nordecon AS and OÜ Kalaranna Kvartal, a subsidiary of AS Pro Kapital Grupp, have signed an agreement for the design and construction of the first two phases of Kalaranna Quarter. The property of Kalaranna Street 8 in Tallinn will have eight new buildings with 240 apartments, commercial premises and underground parking. An integral part of the residential quarter is well-thought-out landscape architecture and a beach promenade that largely preserves the existing natural environment. The design and construction works will be carried out in smaller stages and it is planned to start as soon as possible. The completion of the project is currently scheduled for the end of 2021. The value of the contract is EUR 40.5 million plus VAT. The project is confirmed to be financed by the domestic LHV Pank.

  • 16. Sep 2019 Nordecon will build the Sillamäe Seaside Promenade

    Sillamäe Town Government and Nordecon AS signed a contract for the construction of a 640-metre-long seaside promenade. As part of the agreement, a beach area with recreation and leisure facilities will be developed. The value of the contract is 4.055 million euros (including VAT).

  • 03. Sep 2019 E-piim and Nordecon entered into a contract for constructing dairy buildings in Paide

    AS E-Piim Tootmine and Nordecon AS entered into a contract for constructing the factory complex of E-Piim in Paide. The construction works will commence in the beginning of 2020 and will be completed in the spring of 2022. The contract covers construction of a factory and administration building plus and entry building and border fences. The cost of the project is 29 million euros plus value added tax.

  • 27. Aug 2019 The first phase of the renewed D-terminal being built by Nordecon will open its doors to passengers in two months

    Active construction is currently underway in the D-terminal of the Port of Tallinn being built by Nordecon, in order to open the first phase of construction of the renovated D-terminal to passengers within two months. A digital twin of the new D-Terminal building and the remodeled part which aims to make the building's life cycle more efficient was created in the BIM implementation model.  The completion of the extension and reconstruction work of the port is scheduled for summer 2020.

  • 27. Aug 2019 Nordecon became one of the main sponsors of Saskia Alusalu

    Saskia Alusalu, the best Estonian speed skater and the best female athlete in 2018, and the Nordecon AS construction group entered into a sponsorship agreement which will help one of the fastest women on skates in the world to train for the 2022 Winter Olympics.

    Watch the video

  • 07. Aug 2019 Eston Ehitus, a member of the Nordecon Group, is building a production complex in Lasnamäe for Tallinn City Theater

    Eston Ehitus AS, a member of the Nordecon AS group, Tallinn City Theater and Tallinn City Property Department signed an agreement for the construction of the production complex of Tallinn City Theater on Suur-Sõjamäe Street in Tallinn. The value of the contract resulting from the successful tender is EUR 3.4 million, excluding VAT.

  • 03. Jul 2019 Nordecon is building a 10 million-tonne storage complex in the Tapa Army Base

    Nordecon AS and the Center for Defense Investment signed a contract for the design and construction of a storage complex and associated sites, roads and auxiliary buildings in the Tapa Army Base. The work will begin in July 2019,andthe delivery of the work is scheduled for the end of 2020. The cost of the contract is 10,1 million euros; VATwill be added to the price.  

  • 01. Jul 2019 Porto Franco and Nordecon signed a contract for the general contracting of the construction of the first building of Porto Franco

    Porto Franco signed the contract for the general contracting of the construction of the first building with Nordecon AS: the building located on the side of Laeva Street with 3 underground floors and 5 ground floors is under construction. The building will be completed in early 2020. The cost of the work is 18,5 million euros; VAT will be added to the price.

  • 28. May 2019 An agreement was signed with Nordecon for the reconstruction and extension of TalTech’s research and study building

     

    The Tallinn University of Technology (TalTech) and Nordecon AS signed a contract for the reconstruction and extension of the university’s research and study building Mäepealse 3. The street side of the current building will be demolished first and replaced with a new and larger building volumeand the yard-side testing laboratory will be reconstructed. The cost of the work is 5,688 million Euros, VAT will be added to the price.  

  • 17. May 2019 Peetri sports and leisure centre reached its maximum height

    Nordecon AS and the developer of Peetri Centre Compakt Real Estate held a topping-out ceremony for the sports and leisure centre in Peetri. The crown was brought down by Priit Põldmäe, Vice Mayor of Rae, and Maik Teiv, the Head of Compakt Kinnisvara.

  • 24. Apr 2019 The Road Administration and Nordecon signed a contract for the reconstruction of the Missokülä-Hindsa road section

    AS Nordecon and the Estonian Road Administration signed a contract for the reconstruction of a 2-kilometer section between the Missokülä-Hindsa section and Misso small town of Main Road No. 7, Riga-Pihkva, km 209.2-216.9. The cost of the works is 5.7 million euros; VAT will be added to the price.

  • 23. Apr 2019 Nordecon and the Road Administration entered into a contract for construction works on Kernu bypass

    AS Nordecon and the Estonian Road Administration entered into a contract for construction works on Kernu bypass at kilometres 37-42 of national road no. 4, the Tallinn-Pärnu-Ikla Road, and the junctions at the Kernu filling station and Haiba. The works cost 11.616 million euros plus value added tax.

  • 17. Apr 2019 A topping out ceremony was held at the nearly zero-energy Kohtla-Järve State Gymnasium

    Today in the State Gymnasium of Kohtla-Järve, a topping out ceremony party was held to celebrate the achievement of the maximum height of the schoolhouse. The tradition of a topping-out ceremony is to thank and host the builders, which creates a good relationship with the house spirit and brings good luck to the building. A cornerstone was also placed for the schoolhouse. 

  • 15. Apr 2019 С сегодняшнего дня возобновляются работы по строительству дорожной развязки Вескитамми

    Строительные работы на отрезке шоссе Таллинн-Пярну-Икла между 13,0-13,7 км окружной дороги № 4, то есть у дорожной развязки Вескитамми, были начаты весной 2018 года. В зимний период строительные работы были приостановлены, и с сегодняшнего дня они вновь продолжатся.

  • 15. Apr 2019 Today the construction of the Veskitammi junction will start again

    Construction work was started on national road No 4 in spring 2018 at 13.0–13.7 kilometers of the Tallinn – Pärnu – Ikla road, or at the Veskitammi junction. Construction work stopped during the winter and continues from today.

  • 11. Apr 2019 Gerd Müller, Chairman of the Management Board of Nordecon: Construction is one of the industries with the lowest efficiency, but technology creates a precondition for a leap in development.

     

    Model design experts from Estonia and abroad will take part in the largest BIMSummit 2019 digital construction conference in Estonia taking place for the third time. The conference will introduce BIM projects with innovative solutions from Estonia and other countries.

     

  • 03. Apr 2019 After the winter break, Nordecon starts the construction works of 2+1 bypass lanes on Pikknurme–Puurmani section

    After the winter break, Nordecon started the construction works of 2+1 bypass lanes this week on kilometres 142.2-146.9 of national road 2 Tallinn–Tartu–Võru–Luhamaa, the Pikknurme–Puurmani section. The area under construction is a 4.7 km section of road and the construction works last from April to December 2019.

  • 26. Mar 2019 BIMsummit examines the potential of the construction sector for Estonia's next e-success story

    Modelling experts from Estonia and abroad will take part in the BIMsummit 2019, Estonia's largest digital engineering conference. The conference will introduce BIM projects with innovative solutions from Estonia and other countries. The keynote speaker David Glennon, a BIM expert from the UK, introduces the country's ability to accelerate the development of the sector with tougher requirements. The experience stories from Estonia will introduce projects in the field of both buildings and infrastructure construction.

  • 25. Mar 2019 SweNCN, subsidiary of Nordecon, entered into a contract for construction of an apartment building in Uppsala

    SweNCN entered into a contract with BRF Prefekten for construction ofPrefektgatan 8a six-storey apartment building in 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 price of the contract is 9.4 million euros plus value added tax.

  • 13. Mar 2019 Nordecon and the Kohtla-Järve City Government have entered into a contract for the construction of a sports and health centre in the city

    Nordecon AS and the Kohtla-Järve City Government have entered into a contract for the construction of a sports and health centre at Järveküla tee 41 in the Järve district of Kohtla‑Järve.Construction will begin in April 2019 and conclude in two years. The value of the contract is nearly 11 million euros plus VAT.The centre, which is important for the entire county, will be co-financed by the European Regional Development Fund.

  • 08. Mar 2019 Nordecon is building a commercial building R6 in the Rotermann Quarter

    Nordecon AS and R6 Arendus OÜ signed a contract for building a new seven-storeycommercial building in Rotermann City. In March, construction work will begin on the Rotermanni 6 property – the new building will be the gateway and the main entrance to those arriving from the direction of Narva Road and the Viru Center to the Rotermann Quarter. The cost of the project is 15.8 million euros, VAT will be added to the price, and the house will be completed in February 2021.

  • 07. Mar 2019 SweNCN, subsidiary of Nordecon, concluded a contract for the construction of five apartment buildings and a semi-detached house in Sweden

    SweNCN concluded a contract with Swedish real estate developer Aros Bostad for the construction of five apartment buildings and a semi-detached house in the Bromma borough of Stockholm. The development, which will have 51 apartments in total, is named Nockebyn. The value of the contract is 11,7 mEUR plus VAT.

  • 28. Feb 2019 The Academy of Security Sciences and the University of Tartu enter into a joint contract for construction of a study and accommodation building in Narva

    On Thursday, February 28, 2019, the Estonian Academy of Security Sciences and the University of Tartu signed a contract with the construction company Nordecon for the construction of a Narva Learning Center. Besides the cadets, also the staff of the Police and Border Guard Board, as well as the students of Narva College of the University of Tartu, will start using the study, training and accommodation building.  In addition, the construction will include a sports complex with a swimming pool, which is also open to the public.

  • 22. Feb 2019 Nordecon handed over the new study building of the Academy of Security Sciences to the client

    February 21 Nordecon handed over to the Academy of Security Services a new study building in Tallinn, Kase Street 61. The concrete and glass building of more than 12,000 square meters is three times more economical than the old study building and offers a modern and functional environment for internal security education. The formal opening of the new building takes place today, on 22 February. 

  • 13. Feb 2019 An apartment building with 48 apartments with a class A energy label was completed in Saue

    Nordecon handed over to EstmakCapital OÜ the first apartment building in Saue, at Kuuseheki 50. Project developer Estmak Capital has already handed over the keys to its first customers. The apartment buildings of Kuuseheki residential area are three-storeyenergy efficient, class A energy-labelledresidential buildings. The cost of designing and construction of the residential building at Kuuseheki 50 was 4 million euros. Nordecon will continue the construction of the house at Kuuseheki 52, which will be completed by the end of November 2019.

  • 04. Feb 2019 Nordecon will construct a barracks for 300 people at the Jõhvi Army Base

    Nordecon AS and the Centre for Defence Investment have concluded a contract for the design and construction works of the barracks of the Jõhvi Army Base. The works also include the design and construction of weak-current systems, the reconstruction of the headquarters building, and the improvement of the Sirgala camping area. The cost of the contract is 4.6 million euros plus VAT.

  • 31. Jan 2019 Managers of Nordecon at the company’s 30th anniversary: the main challenge the construction industry is facing today is the introduction of digital solutions

    The construction group established in 1989 under the name SRV Eesti Ehitus (the company has also been named Eesti Ehitus) is celebrating its 30thanniversary in 2019. In 30 years, Nordecon has become one of the leaders of the Estonian construction market, offering high-quality and complex design and construction services for business, industrial, and social buildings, as well as infrastructure. In addition, Nordecon has built homes for nearly 1,000 families. The managers of Nordecon consider the introduction of digital solutions covering all processes to be today’s biggest challenge in the construction sector.

  • 14. Jan 2019 Nordecon is building a ten million-euro assembly area in Tapa

    Nordecon and the Centre for Defence Investment of Estonia entered into a contract for services for construction of an assembly area in the Defence Forces base in Tapa. The works will commence in January 2019 and the scheduled delivery date of the works is in January 2020. The cost of the contract amounts to 10.7 million euros plus value added tax.

  • 04. Jan 2019 Rafter party in Terminal D

    In June 2018, Nordecon AS started the reconstruction and extension works of the building of Terminal D of the Port of Tallinn. The construction activities of Terminal D have currently advanced to a stage where the building has achieved its planned height. On Friday, 4 January, the traditional rafter party was held at the construction site and the wreath was taken down, so that the construction works could move on.

  • 17. Dec 2018 Peetri Center received a cornerstone

    The entrepreneur Vjatšeslav Leedo, the mayor of Rae municipality Mark Võrkla, Maik Teiv from CompaktReal Estate and the builder and Nordecon's representative Reedik Raudla laid the cornerstone for Peetri Center. Peetri Center will be opened before the end of next year.

  • 26. Sep 2018 Every apartment of the Kalda Kodu project by Nordecon offers a beautiful view of the River Emajõgi flood plain

    Nordecon will design and build three apartment buildings with 10 apartments in Tartu at Aruküla tee 2, 4, and 6. The name of the project – Kalda Kodu (Shore Home) – is inspired by the location on the relief shores of the River Emajõgi flood plain. The Kalda Kodu apartment buildings have a modern form and their design takes into account the surface patterns and quarters. The houses have the energy label B.

  • 18. Sep 2018 Nordecon and Haven Kakumäe held the topping out event of the Lesta 10 apartment house

    Nordecon AS and Haven Kakumäe OÜ held a topping out event at the Lesta 10 apartment buildings next to yacht harbour Haven Kakumäe. 3-storyapartment buildings have reached their maximum height; thehouses will be completed by spring 2019. 

  • 13. Sep 2018 Nordecon AS and RKAS signed a contract to build a future state gymnasium building in Kohtla-Järve

    Nordecon AS and Riigi Kinnisvara Aktsiaselts  (State Real Estate Ltd) signed a contract to build a future state gymnasium building in Kohtla-Järve. The new school building will be a nearly zero-energy building. The gymnasium building with a size of 2800 square meters will be built at Pärna 47, which is the address of the former Kohtla-Järve Pärna Basic school. The school building will be completed in the next summer and opened on 1 September in 2019. The construction cost of the project is 4.347 million Euros, excluding VAT.

  • 12. Sep 2018 Nordecon to construct 2 + 1 overtaking lanes for the Pikknurme–Puurmani section of Tartu highway

    The Road Administration and Nordecon AS have concluded an agreement for the construction of 2 + 1 overtaking lanes for the Pikknurme–Puurmani section on kilometres 142.2–146.9 of the National Road 2 (T2), also known as the Tallinn–Tartu–Võru–Luhamaa highway. The cost of work is 4.77 million euros, VAT not included.

  • 12. Sep 2018 Nordecon completed the construction of Metsä Wood mill in Pärnu

    Nordecon AS completed the construction works of Metsä Wood plywood mill at Kase 17 in Pärnu in time. The construction works began in April 2017, Nordecon has turned over the mill to the client and the mill has taken up its work.

  • 11. Sep 2018 Nordecon to construct three new apartment buildings for Pro Kapital in Tondi

    Nordecon AS and OÜ Marsi Elu, which belongs to the group of AS Pro Kapital Grupp, signed a contract according to which Nordecon will build three apartment buildings and a semi-underground parking lot on Sammu street in the Kristiine City development area. The cost of the construction project is almost 8 million Euros, excluding VAT.

  • 10. Sep 2018 Nordecon to design and build a 3-storey apartment building

    Nordecon AS and Kinnistud S OÜ signed a contract according to which Nordecon will build an apartment building at Kuuseheki 52 in Saue. The cost of the construction contract is 3.5 million Euros, excluding VAT.

  • 30. Jul 2018 Nordecon AS contracted to build a new apartment building

    Nordecon AS and Valge 16 OÜ have concluded a contract for the design and construction works of an apartment building. A five-storey apartment building shall be constructed at Valge Str. 16. The construction cost of the project is 6.6 million euros, excl. VAT.

  • 30. Jul 2018 The Peetri Sports and Leisure Centre shall be constructed by Nordecon

    Yesterday, Nordecon AS and the developer of Peetri Centre, Compakt Kinnisvara, concluded a procurement contract for the construction of the Peetri Sports and Leisure Centre. The object is scheduled to be completed at the the end 2019. The cost of construction is 6,398,800 euros, excl. VAT.

  • 21. Jun 2018 Nordecon completes extraordinary apartment building in Sweden – Väsby Terrass

    Nordecon has completed the construction of Väsby Terrass, an eight-storey apartment building in Stockholm County with 59 apartments ranging in size from one to three rooms, each featuring a large balcony or terrace. The building, situated in the centre of Upplands Väsby, is Nordecon's third project on the Swedish market – last year the company completed apartment buildings in Huddinge and Nacka municipalities.

     

  • 18. Jun 2018 Nordecon to reconstruct and extend Tallinn Old City Harbour Terminal D

    Nordecon AS and the Port of Tallinn Ltd signed a contract in order to reconstruct and extend the Terminal D building in the Tallinn Old City Harbour at 13/4 Lootsi St. The construction work will more than double the area of the terminal building. Overall construction costs are 16,985 million EUR (excluding the customer's supply) plus VAT. The updated terminal will be completed in May 2020.

     

  • 01. Jun 2018 Nordecon completes construction of Haabersti turbo roundabout overpass

    Today marked the completion by Nordecon AS of the Haabersti roundabout overpass, which is 277 metres long and five metres high. Estonia’s first traffic signal-operated turbo roundabout on Paldiski mnt is due for completion beneath the overpass this autumn.

  • 20. Mar 2018 Nordecon to build 21-apartment block in Linnuküla

    Nordecon is constructing an apartment building featuring 21 new homes in the Kristiine district of Tallinn. The majority of the apartments in the building, which has four storeys above ground and a basement car park level, range in size from two to three rooms. The building will have a Class B energy label and is due for completion at Nõmme tee 97 in March 2019.

     

  • 02. Mar 2018 Nordecon to build traffic junction on busiest section of road in Estonia

    Nordecon, the Estonian Road Administration and Saue municipal government have entered into a construction contract for Veskitamm traffic junction in Laagri on the outskirts of Tallinn. Construction is set to begin in March this year and is scheduled to be completed within 608 days. The cost of the project is around 6 million euros plus VAT.

  • 13. Feb 2018 Nordecon to reconstruct sections of Riga-Pskov Highway

    AS Nordecon and the Estonian Road Administration have entered into a contract for the reconstruction of two sections of the Riga-Pskov Highway. Work on the section between Tsiiruli and Missoküla will begin in April at a cost of almost 4 million euros (plus VAT).

  • 23. Jan 2018 Nordecon starts constructing the last apartment building in Uus-Tammelinn, completion set for this autumn

    The construction of the ninth apartment building at Haraka 6 in the Uus-Tammelinn residential district in Tammelinn, Tartu, which is developed by Nordecon, is about to start. The last building of the development will be completed in late 2018 and it will mark the end of the development of the district launched in 2014, which has 14,500 square metres of residential space and 193 new apartments.

  • 21. Dec 2017 Nordecon conducts topping-out ceremony on Swedish building site

    SWENCN AB, which forms part of the Nordecon group, has held a topping-out ceremony for an eight-storey apartment building between erected in Stockholm. The contract for the construction of the building was signed in January 2017 with the Swedish property developer Brabo Stockholm AB.

     

  • 05. Dec 2017 Nordecon to construct apartment block valued at almost 4 million euros in Saue

    Nordecon builds an energy efficient apartment building on the outskirts of Saue at the request of Capital Mill. The building, which is to be constructed at Kuuseheki 50, will have a Class A energy rating. The total cost of construction is close to 4 million euros. The three-storey building, with 48 apartments, is due for completion in January 2019.

     

  • 28. Nov 2017 Nordecon completes seven-storey office and apartment building in Rotermann Quarter

     Nordecon AS has handed over R18, a seven-storey office and apartment building in the Rotermann Quarter, to its client. With approximately 11,000 m² of space and 58 apartments, the building was constructed at a cost of 9 million euros.

     

  • 13. Nov 2017 Nordecon to build 21 M worth military objects to Tapa

    Nordecon and the Centre for Defence Investment entered into two contracts for services for the construction of new objects at Tapa armed forces campus. Armoured manoeuvring capability infrastructures and two barracks will be built. The total cost of the construction works amount to 21 M euros.

  • 20. Oct 2017 Nordecon completed the design and construction work on the expansion of the Kohtla-Järve wastewater treatment plant

    Nordecon completed the design and construction work on the leachate and contaminated rainwater cleaning system in the landfill which did not comply with environmental requirements for hazardous waste in the Kohtla-Järve oil shale industry. The work was started in December 2015 and the cleaning system was delivered to the contractor in due time in June this year. Nordecon completed the additional road design and construction work by the end of September. The total cost of the contract was 4.2 million euros with VAT.

  • 20. Oct 2017 Road maintenance company: do not let road conditions surprise you

    As the period of winter maintenance is approaching, Tariston AS, subsidiary of Nordecon dealing with all-year maintenance of national roads, has prepared up to 60 units of fully equipped road maintenance cars. Tariston AS is responsible for the maintenance of about 2,700 km of roads in Harju County, Keila, Järva County, and Hiiu County.

  • 09. Oct 2017 Nordecon will build a 6-storey office building in Lviv's Technopark in western Ukraine

    Eurocon Ukraine TOV, a subsidiary of Nordecon AS registered in Ukraine, and Lviv Standartbud Limited Liability Company concluded a contract for the construction of a 6-storey office building in the innovation park LvivTech.City in Lviv. The contract value is around 8 million euros (including VAT). The construction will be completed in September 2018.

  • 03. Oct 2017 Nordecon delivered to the contracting entity military objects worth 25 M euros at the Tapa army base

    Nordecon delivered to the Centre for Defence Investment at the Tapa army base the construction works of phases I and II of the infrastructure for manoeuvring of armoured vehicles, thereat, the latter was delivered before the scheduled date of completion. In addition to the roads, fields, and technical communications, the important buildings constructed in phase I also included a substation, a barrack and a catering complex, shelters for the technical equipment, as well as maintenance and training buildings, plus further shelters and training buildings in phase II. The total cost of the construction works amounted to nearly 25 M euros.

  • 22. Sep 2017 Yesterday, ceremonial opening of Viimsi Äritare office building was held

    Yesterday, a ceremonial event to mark completion of the construction of Viimsi Äritare – the first modern office building in Viimsi, located at 3 Paadi Road in the centre of Haabneeme -  was held. The surface area of Viimsi Äritare is approximately 8,000 m2. There are premises for commercial undertakings and catering companies on the ground floor and offices on the first and second floor, with room for approximately 200 jobs in total in the building. As a gift from the Rotary Club of Viimsi, a bench dubbed Viimsi Äripink was unveiled in front of the building.

  • 21. Sep 2017 Eventus Ehitus OÜ and NOBE are building phase III of the Smarten logistics centre for 3.8 million

    Evenetus Ehitus OÜ and NOBE entered into a contract with Nordassets OÜ for designing and construction of phase III of the logistics centre of AS Smarten Logistics in Rae Parish. The contract costs approximately EUR 3.8 M plus value added tax.

  • 18. Sep 2017 Nordecon and Haven Kakumäe signed a contract to build 3 apartment buildings to Kakumä

    Nordecon AS and Haven Kakumäe OÜ signed a contract to design and build three apartment building to Lesta 10, Kakumäe, Tallinn. Nordecon’s contract is about 11 million Euros, total volume of Haven Kakumäe’s development investments is 70 million Euros. The buildings will be complete by the end of 2018.

  • 11. Sep 2017 Topping-out ceremony of office building with views of Tallinn airport held in Ülemiste City campus today

    The topping-out ceremony of the new office building at Lõõtsa 12 in Tallinn, which has now reached its maximum height of 45 metres, was held in Ülemiste City campus. This is the highest building permitted in the neighbourhood of the airport, which offers views of the airport and Lake Ülemiste. Construction will be completed in the first half of 2018.

  • 01. Sep 2017 NOBE and Kontek Int AS will carry out the concrete works in the Porto Franco project

     Porto Franco, the biggest business and leisure centre to be built in the heart of Tallinn, concluded a contract with NOBE and the Kontek Int AS consortium for designing the three underground floors and five ground floors in the development project, as well as carrying out the concrete works. The total cost of the works is nearly 31 million euros.

  • 31. Aug 2017 Nordecon to complete the construction of Hane Street apartment buildings

    Nordecon has reached the final stages of their own development project of building two small apartment buildings on the calm and quiet Hane Street in Tallinn, Kristiine – properties Hane 2 and Hane 2a. Both buildings have three residential floors and 15 apartments.

  • 17. Aug 2017 Nordecon completed construction of four apartment buildings in the Tivoli residential quarter

    Nordecon delivered a complex consisting of four buildings in the Tivoli residential area in Kadriorg to the contracting entity. In 2015, when the construction works of the first building commenced, medieval ship wreckages were found in the course of the works – the first of the kind excavated in Estonia. Nordecon was in charge of excavation of the ancient finds.

  • 15. Aug 2017 Nordecon will build a 7-story office building in Unit City Technopark in Kiev

    Eurocon Ukraine TOV, a subsidiary of Nordecon AS that is registered in Ukraine, and Kyiv Standartbud TOV concluded a contract for the construction of a 7-story office building in Unit City Technopark in Kiev. The construction will be completed in June next year. The contract value is 3.4 million euros (including VAT).

  • 14. Jul 2017 Nordecon will rebuild a 2.25 km road section into 2+2 cross sectional road at the beginning of Tallinn Ring Road

    AS Nordecon and Estonian Road Administration signed an agreement for the reconstruction of a road section of Tallinn Ring Road between kilometres 0.6 and 2.8. According to the contract, a 2+2 cross-sectional road, Väo railway flyover and Veneküla tunnel will be built. The cost of the construction work will be more than 13.7 million euros (including VAT).

  • 11. Jul 2017 Nordecon will build the new academic building of the Estonian Academy of Security Sciences

    The Estonian Academy of Security Sciences and Nordecon entered into a contract for construction of the new academic building of the Academy of Security Sciences at 61 Kase Street in Tallinn. The construction works will be completed in December 2018. The total cost of the contract is 15.5 M euros before value added tax. 

  • 28. Jun 2017 Nordecon is going to build four 2+1 roads on Tallinn-Tartu road between Valmaotsa and Kärevere

    AS Nordecon and Estonian Road Administration signed an agreement for the construction of 2+1 roads on Tallinn-Tartu-Võru-Luhamaa road between Valmaotsa and Kärevere (kilometres 160.7 - 168.1). The cost of the construction work will be approximately 8.1 million euros (including VAT).

  • 05. Jun 2017 Tartu Art College, Tartu Cultural Capital Foundation, and Nordecon signed a cooperation agreement

    Yesterday, on 4 June, Tartu Art College (TAC), Tartu Cultural Capital Foundation, and Nordecon AS entered into a cooperation agreement on the basis of which scholarships will be awarded from the Linnaehitus Foundation to students of the Department of Painting of the TAC who have exhibited good academic achievements and have also been active in the field of their specialty outside of the curriculum.

  • 02. May 2017 The second phase of the construction of the WoHo quarter is about to begin

    Mapri Ehitus and NOBE consortium concluded a contract with Ekerepol OÜ for designing and building a 14-storey commercial and residential building at 3 Mustamäe Road in the WoHo quarter. The project costs approximately 11.7 million euros without V.A.T.

  • 13. Apr 2017 Nordecon will complete seventh apartment building in Uus-Tammelinna by the end of the year

    Construction of seventh building at the address Haki 5 started in Uus-Tammelinna residential quarter developed by Nordecon in Tartu, Tammelinn district. 20 2-, 3- and 4-room apartments are planned in the building. The building will be completed at the end of 2017.

  • 11. Apr 2017 Nordecon is building the Metsä Wood plywood mill in Pärnu

    Nordecon and Metsä Wood, part of the Finnish forestry group Metsä Group, entered into a contract for construction of a plywood mill in Kase Street, Pärnu. Nordecon will complete the construction of the production hall and the non-work rooms and office premises by August 2018. The total cost of the contract exceeds 14 M euros plus value added tax.

  • 11. Apr 2017 Nordecon Betoon is now using the brand name NOBE

    As of April 2017, Nordecon Betoon OÜ of Nordecon Group is using the brand name NOBE, while Nordecon Betoon OÜ remains the company’s business name. All of the company’s rights, obligations, and contracts remain in force and the company will continue to operate in all of the areas activity, which they have been operating in so far. 

  • 31. Mar 2017 Nordecon will start to reconstruct Haabersti intersection

    The tender of Nordecon AS was declared successful in the public procurement for reconstructing Haabersti intersection. AS Nordecon and Tallinn Municipal Engineering Services Department will conclude a contract in the middle of April, after expiration of 14-day contestation period. Construction activities will start in April 2017, and the intersection will be completed in October 2018. Cost of the project is 14,967 million Euros, VAT will be added to the price. The project is funded from the EU Cohesion Fund.

  • 30. Mar 2017 Liwentaal’s office building overlooking the airport to be built in Ülemiste City

     In Ülemiste City, at 12 Lõõtsa Street, the cornerstone for a new 13-storey office building was set today. The building is located right next to the airport and will, in the future, offer unique views in Estonia of the airport and Lake Ülemiste. The office building of almost 10,000 m² is named after Alexandre Liwentaal, an aviation legend with Estonian roots. The building will be completed in the second quarter of 2018.

  • 27. Feb 2017 Nordecon: Ugala Theatre may start moving in

    Nordecon is about to complete the construction works on Ugala Theatre. The renovation works of the building have reached the stage in which the theatre may start moving in and rehearsing for the opening on 18 March. Last week, Nordecon handed the keys to the building over to the head of the theatre.

  • 16. Feb 2017 Nordecon and Kaarsilla Kinnisvara held a roof truss party of Viimsi Äritare

    Yesrterday, on November 15 Nordecon and Kaarsilla Kinnisvara held a roof truss party in Viimsi to celebrate achieving the maximum height of the most modern office building in Viimsi. A roof truss wreath was brought down by Nordecon’s project manager Kaido Aunre.

  • 09. Feb 2017 CEO of Nordecon AS not to continue on his position after expiry of the Contract of Service on 31 July 2017

    Jaano Vink, CEO of Nordecon AS informed the council that he will not continue as CEO of the company after the expiry of his contract of service on 31 July 2017, informs the council of Nordecon AS. The new CEO will be appointed starting from 01 August 2017, the council has six months to find a suitable person for the position.

  • 23. Jan 2017 Nordecon enters into a contract for construction of an 8-storey apartment building in Stockholm

    Swencn AB, a Nordecon Group company, entered into a contract with the Swedish property development company Brabo Stockholm AB for construction of an 8-storey apartment building in Stockholm. The construction works on the 8-storey building in the centre of Upplands Väsby will be completed in June 2018. The value of the contract is approximately 6.3 million euros plus value added tax.

  • 28. Dec 2016 Nordecon created a new subsidiary – Tariston AS

    From 1 January 2017, a joint company called Tariston AS will start operating. It involves the former subsidiaries of Nordecon: Järva Teed AS, Hiiu Teed AS, and the Road Maintenance and Technical Division of Nordecon AS. Tariston AS is 100% Nordecon’s subsidiary and will continue to operate in all the current areas: Road maintenance and construction, land improvement operations, surface dressing, mining geology, production of road signs, and rent of heavy equipment.

  • 05. Dec 2016 Nordecon awarded Heinrich Laul Nordecon PhD Scholarship to Ivar Annus and Engineering Study Scholarship to Merli Aron

    Nordecon together with TUT Development Fund awarded annual scholarships: Heinrich Laul Nordecon PhD Scholarship and Nordecon Engineering Study Scholarship.

  • 24. Nov 2016 Nordecon is about to build the apartments with a new plan in Tammelinn

    Nordecon has completed five apartment buildings out of nine in Uus-Tammelinna residential area, last one was completed just recently. On 1 December a construction of the sixth building, a 4-storey apartment building at Haki 6 will begin, the building will be completed by August 2017. The plan of the building at Haki 6 includes also 2-room apartments, in which the kitchen can be separated from the living room.

     

  • 24. Nov 2016 Pro Kapital and Nordecon concluded a contract for the construction of new complex of apartment buildings at Tondi, Sõjakooli Street

    Marsi Elu OÜ belonging into Pro Kapital Group and Nordecon AS concluded a contract for the construction of four apartment buildings and underground parking facility at Tondi, Kristiine City. The construction of Kristina buildings in the heart of Kristiine district will take place in four stages. The cost of Stage I will be over 3 million Euros, and VAT will be added to the price. Total cost of the project to be completed in four stages is more than 10 million Euros, and VAT will be added to the price.

  • 10. Nov 2016 Järveküla school and Nordecon signed a science and technology cooperation agreement

    Today, on 10 November a new school was opened in Peetri district, in Rae rural municipality – in the inauguration of the school, Nordecon AS, the company constructed this building and Järveküla school, concluded a cooperation agreement, which aim is to cooperate in promoting science, technology, engineering and mathematics among the basic school youth.

  • 10. Nov 2016 Today Järveküla school was festively opened

    A new Nordic style school building, which houses primary school building, atrium with a lunch room and assembly hall and the basic school with sports centre, hobby school and library was completed in Peetri district in Rae municipality. Today, on 10 November the first solemn ceremony – the inauguration- was held at school.

  • 09. Nov 2016 Nordecon completed construction of Järveküla School

    The brand new Nordic style school building in Peetri area, Rae parish will comprise the primary school building, the atrium together with the dining hall and assembly hall and the junior high school building with the sports complex, hobby school and library. Nordecon finished the primary school building and the sports ground by September 1, and the junior high school building by end of October. Tomorrow, on November 10, the grand opening of the whole school will take place.

  • 01. Nov 2016 Nordecon and Technopolis Ülemiste entered into contract to construct a new 13-storey office building in Ülemiste City

    Technopolis Ülemiste AS and Nordecon AS entered into a contract for construction of an office building at Lõõtsa 12 in Ülemiste City. The 13-storey building named after Alexandre Liwentaal will house 9,000 m² of office premises. The cost of the construction contract exceeds 8 million euros before value added tax.

  • 26. Oct 2016 Nordecon and Road Administration signed the contract for the construction of first 2+1 passing lanes on Tallinn-Pärnu-Ikla road

    AS Nordecon and the Estonian Road Administration signed the contract for the construction of passing lanes on Tallinn-Pärnu-Ikla road, at Ääsmäe-Kohatu section. It is one of the first road sections in Estonia, which will have 2+1 passing lanes. The construction costs will be 11,2 Million euros + VAT.

  • 17. Oct 2016 Nordecon finished building Arsenal Centre in Tallinn

    The construction of a modern leisure centre that cost about 7 million euros, meets current requirements and offers shopping and service spaces was completed on the corner of Erika and Tööstuse Streets in Põhja-Tallinn city district. During the reconstruction of the red brick factory from the Tsarist period, hazardous chemicals and explosives were found. The Centre will be opened for customers on 27 October at 1 pm.

  • 30. Sep 2016 Nordecon and Harmet laid the cornerstone for the new production hall for modular houses

    Yesterday, the cornerstone was laid for Harmet OÜ’s production hall for modular houses at Kumna village. The production hall with a total area of 26 845 m² comprises of one-storied production space, one-storied warehousing area and three-storied office and accommodation space. In addition to the production hall, necessary access passages and areas with utilities will be built. Harmet OÜ production hall for modular houses will be established in Kumna village in Harku rural municipality at the address of Puussepa road 4. The largest factory of modular houses in Estonia is constructed by Nordecon and its subsidiary Nordecon Betoon. The factory will be ready in July 2017. The building was designed by Maru Ehitus.

  • 13. Sep 2016 Nordecon held a rafter party in Stockholm

    Nordecon’s subsidiary SWENCN AB is soon finishing its first construction project at a Stockholm suburb – the Styrmannen 36 apartment building. The rafter party was held yesterday. The contracting entity is Bostadsrättsföreningen Styrmannen 49, part of the Swedish real estate group Innovation Properties AB.

  • 09. Sep 2016 In connection with reconstruction of an intersection on Paldiski Road, the outgoing lane will be closed for traffic in the close vicinity of Tallinn

    AS Nordecon is repairing the intersection of Paldiski Road and Tähetorni Street in the close vicinity of Tallinn. In connection with the works, the outgoing lane of Paldiski Road will be closed for traffic from September 12-21 (including), outgoing and incoming vehicles will be allowed to pass alternately by a traffic controller.

  • 30. Aug 2016 Nordecon completed the primary school building and sports complex of Järveküla School

    The construction works of the primary school building and sports complex of Järveküla School were finalized by Nordecon for September 1st, as it was requested by Rae municipality. Construction works in the other parts of the school building will continue. The inspection by the Technical Regulatory Authority because of the possibly substandard building blocks was ended on July 25 without any sanctions against the constructor and the building. 

  • 24. Aug 2016 Nordecon and its subsidiary Nordecon Betoon to build the Estonian largest production hall for modular houses in Harku rural municipality

    Nordecon and Nordecon Betoon concluded an agreement with OÜ ITT Capital to build a production hall for modular houses in Kumna village in Harku rural municipality for OÜ Harmet. The total value of the agreement exceeds 9 million Euros, excluding VAT. In addition to the construction costs, OÜ Harmet will invest an extra 5 million Euros to launch a new production unit.

  • 22. Aug 2016 Rotermann City development has reached its final stage

    In September, construction on Rotermann City development's last building near Ahtri Street, an exclusive office and apartment building R18, will begin. Two buildings rising on the Rotermanni Street 18 lot by fall 2017 will become an important landmark for the whole Quarter, for this will be the first time in decades the closed off area is opened to the townspeople and tourists as a complete and modern city district.

  • 16. Aug 2016 Nordecon builds two new apartment buildings on Hane Street in Linnuküla

    At the beginning of September, Nordecon starts the construction works of two 15-apartment buildings on the properties of Hane 2 and 2a. Both apartment buildings have 3 storeys, and the unrepaired street section of Hane Street will also be reconstructed. The buildings are completed as the development project of Nordecon itself.

  • 27. Jun 2016 Nordecon to construct Viimsi Äritare office building in Viimsi municipality

    Nordecon has signed an agreement with Kaarsilla Kinnisvara OÜ to construct an office and commercial building Viimsi Äritare in Viimsi municipality, Paadi tee 3. The 3-storey building has a total area of over 8000 square metres and will be ready by the end of summer 2017. The total cost of the construction works is over 6 million euros plus VAT.

  • 16. Jun 2016 Nordecon will build a depot for Tapa military campus

    Nordecon and the Ministry of Defence concluded a contract to build a military campus depot in Tapa. The total cost of construction is 4.75 million Euros, plus VAT.


  • 15. Jun 2016 Nordecon is going to renovate the building of the machine room of the Luther Furniture Factory

    Nordecon signed a contract with Lutheri Ärimaja OÜ to renovate the machine room of the historical Luther Furniture Factory at Vana-Lõuna Str 39. Office premises with unique interior will be built in the machine room. The construction cost will be more than 5 million euros plus VAT.

  • 03. Jun 2016 Minister of the Interior Pevkur: The Piusa border guard station serves as an excellent example for other border guard stations along the external borders of the European Union and NATO

    Minister of the Interior Hanno Pevkur, in his address delivered today at the celebration of the opening of the Piusa border guard station in the Võru Counti, Võmmorski village, said that the new border guard station represents an important investment into the Estonian-Russian border, and its purpose is, above all, to improve security at the external borders of the European Union and NATO.

  • 02. Jun 2016 Nordecon entered into a contract with the Port of Tallinn for the construction of Logi Street and the north-west section of Old City Harbour

    Today, AS Nordecon and AS Tallinna Sadam signed a contract for the reconstruction of Logi Street and the execution of the construction works for the new entrance zones and waiting areas of Old City Harbour. The cost of the construction project is 5.97 million euros net of VAT.

  • 01. Jun 2016 Nordecon to build a 16-story apartment building by Lasnamäe Channel

    Nordecon and Liven Kinnisvara have concluded a contract for the execution of the second stage 2 of the Virbi 10 Central Residence project – the construction of a 16-storey apartment building. Virbi Street 10 ground floor will house commercial premises, the building will hold 75 apartments in total. The capacity of the contract is about 6.5 million euros with VAT included.

  • 25. May 2016 Nordecon's renewed strategy foresees powerful growth in Nordic Countries

    In the next 5 years, Nordecon is planning to increase revenue proportion of the foreign markets to 25%. Growth in total revenue is anticipated to be at least 10% per annum. Company's renewed strategy until 2020 first of all foresees increase in foreign markets – mainly in Finland and Sweden, but also in Ukraine.

  • 22. Apr 2016 Avo Ambur: as things stand today, the contractor has to take responsibility even for things the client himself has commissioned

    Today, at Estonia’s largest BIM conference BIMsummit, Avo Ambur from Nordecon said, that in Estonia it is important to make clear who is responsible for what part of the construction – for example, does the engineer answer for the design or does the contractor take the final responsibility. Avo Ambur participated in a debate “What motivates BIM implementation in Estonia?” with Reet Kalmet, Virgo Sulakatko, Indrek Moorats and Merylin Rüütli. The debate was headed by Jaanus Uiga.

  • 22. Apr 2016 BIM expert Erik Sanford: do not impose BIM in your company by force

    Today, at Estonia's largest BIM conference BIMsummit, American BIM expert Erik Sanford said that the objective of BIM is to improve tasks and processes. It is important to find a right tool for each task. BIMsummit conference was opened by Jaak Aaviksoo.

  • 19. Apr 2016 Cornerstone was laid for the new warehouse and production unit of the State Resources Centre (SRC Logistics Parks)

    On Friday, April 15, the cornerstone was laid for the new warehouse and production unit in Liiva Centre, Kalmistu Road 26e, by the representatives of Nõmme District Government, Nordecon AS and State Resources Centre Ltd. The building with an approximately 20,000 m2 of gross surface area will be completed in October 2016.

  • 15. Apr 2016 A public and free lecture on innovative possibilities in building will be held at BIM conference

    At BIMsummit 2016, a largest ever conference with an innovative approach on BIM held in Estonia, a public lecture will take place, where Fred Mills, internationally recognised BIM-visionary from England and Jeremy Thibodeau – a seasoned BIM-manager from USA will share their experiences. The lecture will give a more accurate picture of the importance of BIM in building sector and on implementing it. The public lecture is free and will be held on April 20, for more information go to www.bimsummit.ee.

  • 30. Mar 2016 A cornerstone was laid at Järveküla School

    Today, Mart Võrklaev, the Mayor of Rae parish and Jaano Vink, the Chairman of the Board of Nordecon placed a cornerstone to the construction of Järveküla School in Rae parish. The school of Järveküla will be built of three interconnected parts: primary school building, atrium with a dining hall and assembly hall, and the basic school part with a sports complex, hobby school and a library.

  • 17. Mar 2016 Construction works of phase II of the Smarten logistics centre will commence

    Eventus Ehitus OÜ and Nordecon Betoon OÜ entered into a contract with Nordassets OÜ for construction of phase II of the logistics centre for AS Smarten Logistics in Rae Parish. The construction works will cost approximately 3.8 million Euros plus value added tax.

  • 16. Mar 2016 BIM expert Erik Sanford: Implementing BIM requires changes in processes and the way of thinking as well as in roles

    Erik Sanford has about fifteen years of experiences in implementing BIM processes and he will share his knowledge with Estonian colleges in April on BIMsummit Estonia conference. Erik Sanford points out 5 practical tips on how to successfully implement BIM. For more information, read from the blog: www.bimsummit.ee/blogi.

  • 15. Mar 2016 Tammelinn gets its first apartment building equipped with a lift

    Nordecon is about to start constructing the fifth apartment building at the address 37 Savi Street in the Uus-Tammelinn housing estate in Tartu. The five-storey apartment building with 25 apartments will be ready by the end of 2016. 37 Savi Street is the only house equipped with a lift in the area.

  • 07. Mar 2016 In April, world-class conference on Building Information Modelling “BIMsummit – How to build the future?” is held in Estonia

    Implementing BIM technology gives an opportunity to bring all the parties of a construction project together as one team – building information model makes it easy to monitor and manage the whole work cycle of a building from design to maintenance. Experts from USA, Germany and Estonia will take the floor on the BIMsummit conference held in Tallinn from 19th to 20th April. Pictures and drawings:

  • 18. Feb 2016 Nordecon is building two residential and business buildings to the Kalamaja housing estate for 5.4 million

    On the order of Invego Group, Nordecon AS is building two apartment buildings with office spaces to the Kalamaja housing estate near the Old Town in Tallinn for 5.4 million euros. The development called Novamaja at addresses 4a Kopli Street and 6 Kopli Street will be completed in March next year.

  • 03. Feb 2016 Ugala theatre building construction contract signed

    Today, 2nd of February, representatives from AS Riigi Kinnisvara and Nordecon AS signed a contract on the main stage of Ugala theatre to begin with extensive reconstruction works on the theatre building. Construction on the red brick building with 10 000 m2 space will take 13 month and it will be returned to the theatre in the spring of 2017. The cost of the work is 7.85 million Euros, excluding VAT.

  • 22. Dec 2015 Nordecon concluded a 20 million euro contract for construction of a building complex in Pirita tee

    Nordecon AS concluded a contract worth over 20 million euros for construction of the Meerhof 2.0 building complex at 20a Pirita tee in Tallinn. The contracting entity is Pirita tee 20a OÜ, subsidiary of Metro Holding OÜ.

  • 10. Dec 2015 Nordecon completed the extension project of Kilingi-Nõmme public water supply and sewerage system ahead of schedule

    Nordecon AS has completed the planning and construction of public water supply and sewerage system that was ordered by OÜ Saarde Kommunaal. The project cost over 1.1 million euros (without VAT); 80% of this sum was a grant from the Environmental Investment Centre (EIC).

  • 03. Dec 2015 Nordecon concluded an agreement for the design and construction works for the extension of Kohtla-Järve sewage treatment plant

    Yesterday Nordecon AS concluded an agreement with OÜ Järve Biopuhastus for the performance of the design and construction works for the extension of Kohtla-Järve sewage treatment plant. The cost of the works is approximately 3.5 million euros without VAT.

  • 25. Nov 2015 Nordecon concluded a contract for construction of Järveküla School in Rae Parish

    On Monday, Nordecon AS concluded a contract with the rural municipality government of Rae as the main contractor for the designing and construction works of Järveküla School. The cost of the basic school to be built in Peetri small town will be 8.88 million euros before value added tax.

  • 25. Nov 2015 Nordecon: the development of Uus-Tammelinna apartment buildings swims against the tide in the real estate market in Tartu

    The building of the apartment buildings of Uus-Tammelinna has turned out to be very successful for Nordecon AS, which enables the company to continue with the further development in the region of Uus-Tammelinna despite the saturated market in Tartu.

  • 24. Nov 2015 Nordecon has concluded large-scale construction works on road section leading to Tartu airport intersection

    Nordecon AS has concluded, on schedule, the design and construction works of construction site no 5 of the west side bypass of Tartu city, which included the renovation of the road section leading to the airport intersection, and the merging of three viaducts and one tunnel. Among other things, a concrete railway overpass, weighing around 300 tons, was installed through unique bridge lifting during the construction works at the intersection of Tõrvandi.

  • 26. Oct 2015 Nordecon starts to build an apartment building in an outer area of Stockholm

    SWENCN AB belonging to the Nordecon group and Bostadsrättsföreningen Styrmannen 49 belonging to the Swedish real estate group Innovation Properties AB concluded a contract to build a five-storeyed apartment building in Stockholm. The cost of the construction works is about 8.4 million Euros, plus VAT.

  • 20. Oct 2015 Nordecon Betoon concluded an agreement for the construction of an apartment building in Saku small town

    Nordecon Betoon OÜ, a company belonging to Nordecon construction group, and a real estate development company Saku Korterid OÜ concluded an agreement for building a new 34-apartment house in Saku small town at Uusmäe Street 2.

  • 19. Oct 2015 Nordecon concluded a contract to build a storage and production building for State Resources Centre

    Nordecon AS and State Resources Centre Ltd (RRK logistics parks), which is one of the largest developers of the logistics parks in Estonia, concluded a contract to build a new storage and production building at the Liiva Centre on Kalmistu Road in Tallinn. The cost of the construction works is about 8 million Euros excluding VAT.

  • 08. Oct 2015 Nordecon completes Sillamäe water supply reconstruction works

    Nordecon AS has completed the final stage of reconstruction of the Sillamäe city water supply that started early last year. The cost of installing the new pipe systems, pump rooms and water filtering systems was €2.3M excluding VAT.

  • 29. Sep 2015 Nordecon signed a contract to start phase II of the construction of Tivoli residential area

    Nordecon AS and OÜ Pikksilma Kodu owned by real estate developer Metro Capital signed a contract, agreeing that Nordecon will execute phase II of the construction works of an apartment building complex erected at a seaside area of Kadriorg, Tallinn. The cost of the works is around 5 million euros net of VAT.

  • 18. Aug 2015 Nordecon signed an agreement for the construction of the Arsenal Center in North-Tallinn

    Nordecon AS concluded an agreement with Arsenal Centre OÜ for the construction of Arsenal Center planned at the corner of Erika and Tööstuse St. in Tallinn. The cost of the retail and business center constructed from red brick production buildings from the tsarist period is about seven million Euros.

  • 20. Jul 2015 Nordecon express-installed a 300-ton railway crossover

    Nordecon installed a pre-built 295-ton concrete railway overpass during a 31-hour railway transportation breakdown as part of the construction of the Tõrvandi junction in Tartu. The deck was hoisted by one of the biggest mobile cranes in the world, specially delivered for this purpose.

  • 02. Jul 2015 Nordecon ready with ESTONIA Resort Hotel & Spa in Pärnu

    Nordecon has reconstructed the Green and White House completely as ordered by Estonia Spa Hotels AS. The ESTONIA Resort Hotel & Spa rejuvenated with the help of KOKO architects opens for visitors tomorrow, on the 2nd of July.

  • 17. Jun 2015 The border guard cordon at Piusa got its cornerstone

    Today, President Toomas Hendrik Ilves, Minister of Internal Affairs Hanno Pevkur and Director General of the Police and Border Guard Board Elmar Vaher solemnly laid the cornerstone of the Piusa border guard cordon in Võmmorski Village, Võru County, which will become one of the bastions of guarding the land frontier of Estonia.

  • 13. May 2015 Nordecon is going to lay asphalt in seven different sections of the roads in Võru and Põlva County

    This week Nordecon AS signed a contract with the Road Administration for carrying out asphalt laying work in seven different sections of the roads in Võru and Põlva County. Contractual cost of the road surface reconstruction is 3.8 million euros without VAT.

  • 10. Mar 2015 Nordecon entered into agreement for construction of seaside apartment buildings in Kadriorg

    Nordecon AS entered into an agreement with OÜ Pikksilma Kodu, a subsidiary of Metro Capital real estate development company, for the construction of an apartment building complex by the sea in the subdistrict of Kadriorg in Tallinn. The construction cost of Pikksilma Kodu apartment buildings is approximately 4.8 million euros without the value added tax.

  • 27. Feb 2015 Nordecon entered into agreement for the construction of Piusa guard station buildings

    This week, Nordecon AS and Riigi Kinnisvara AS (RKAS) entered into an agreement for reconstruction of the buildings of Piusa border guard station in Meremäe rural municipality of Võru County. The construction cost of the guard station is approximately 3.8 million euros without the value added tax.

  • 13. Feb 2015 Nordecon presents a new nine-storey Meerhof Residence in Pirita

    Nordecon has just finished constructing a nine-storey apartment building called the Meerhof Residence at Pirita tee 26 in Tallinn. The architectural solution is luxurious, thus creating an aesthetically pleasing landmark in the seaside area.

  • 05. Dec 2014 Nordecon completed the construction of the Stroomi Shopping Centre

    Today the Stroomi Shopping Centre opened its doors in the locality of Pelguranna in Tallinn. This is the third retail trade centre where Nordecon has completed the construction works this year. A new Konsum store was opened in Muraste in November and the Astri Center, the largest shopping centre in Narva was completed in summer.

  • 27. Nov 2014 Nordecon completed the construction works of Juuliku-Tabasalu connecting road ahead of schedule

    Nordecon delivered a newly completed Juuliku-Tabasalu connecting road to the Road Administration two weeks before the contractual deadline. During the construction works a new railway overpass was installed in the II construction area of the Top intersection in 48 hours, by a method used for the first time in the Baltic States.

  • 26. Nov 2014 Nordecon completes new special-purpose factory building of FLIR Systems Estonia

    Nordecon has completed the construction of a new special-purpose production building for FLIR Systems Estonia OÜ, manufacturer of infrared cameras. The inauguration of the building will be held tomorrow.

  • 26. Nov 2014 Nordecon: Changing rules during the game is not good practice in road construction either

    The conclusions of the study of the nationwide road objects, which was conducted by the Road Administration at the end of 2013 and at the beginning of 2014 and which received a lot of publicity, are misleading. Nordecon analysed these results, which showed that the Road Administration was comparing the road sections that were built under the contracts concluded years ago with the current requirements, which are more demanding than the previous ones.

  • 20. Nov 2014 Nordecon completed construction work at Karlova Boat Harbour in Tartu

    The Karlova Boat Harbour, the construction works of which were completed by Nordecon ahead of schedule, will be festively inaugurated on Friday.

  • 15. Oct 2014 Nordecon signed a contract for the construction of Veerenni 24 office building

    Nordecon AS and OÜ Kawe Invest, subsidiary of AS Kawe, signed a contract for the construction of an office building on the registered immovable at Veerenni 24. The cost of construction works at the building located in the Baltika quarter at the edge of the City of Tallinn is approximately EUR 9 million without VAT.

  • 30. Sep 2014 Nordecon begins to build a unique office building in Ülemiste City

    The 13-storey office building in Ülemiste City that is being built by Nordecon got a cornerstone today. The building will have a unique architectural facade and design, and, as one of the first such buildings in Estonia, feature environmental and energy conservation indicators that comply with the LEED Gold Standard certificate.

  • 21. Aug 2014 Nordecon AS Finished Construction of New Water Treatment Plant in Paide

    The opening ceremony of the new water treatment plant in Paide will take place tomorrow, on 19 August. Its construction began in May 2013. The cost of the facility turned out to be approximately 6.6 million euros, net of VAT. The construction was ordered by AS Paide Vesi, and the designers were OÜ Aqua Baltic and Eesti Veeprojekt OÜ.

  • 08. Aug 2014 Nordecon group’s gross profit grows to 4.2 million euros in first half of year

    The Nordecon group’s gross profit grew to 4.2 million euros in the first half of 2014, representing a gross profit margin of 6.2%. During the same period last year the group’s gross profit was 3.3 million euros, with a gross profit margin of 4.3%. Its sales revenue in the first half of 2014 was 67.44 million euros. Nordecon’s portfolio of work in progress covered by construction contracts currently amounts to 87 million euros.

  • 06. Aug 2014 Nordecon and KOKO to renovate Estonia Spa in Pärnu for 8.3 million euros

    Nordecon AS and Estonia Spa Hotels AS have entered into a contract for services which will see two buildings in the Estonia Spa complex – the Green and White buildings – fully reconstructed. Design work on the redevelopment project is being handled by KOKO architects, with the total cost of design and construction projected to be 8.3 million euros plus VAT. The project is being financed by Swedbank AS.

  • 06. Aug 2014 Watch a railway overpass being erected in just 48 hours under Nordecon’s guidance!

    Eesti Raudtee granted permission for all rail traffic on the Tallinn-Keila line to be suspended for 48 hours on 19 & 20 July so as to allow the team from Nordecon AS constructing the connecting road between Juuliku and Tabasalu to erect a completely new railway overpass at the Topi intersection.

  • 06. Aug 2014 Unique research centre constructed by Nordecon opens doors in Tartu

    Opening its doors today and marking the launch of high-level research will be the Study and Research Centre (SRC) commissioned by the University of Tartu and constructed by Nordecon. The total cost of the design and construction of the centre, which is the most modern of its kind anywhere in Northern and Eastern Europe, was 7.23 million euros without VAT.

  • 06. Aug 2014 Nordecon to construct Võru State Secondary School

    Nordecon AS has entered into a contract with Riigi Kinnisvara AS for construction and reconstruction work on the educational building located at Seminari tn 1 in Võru. The total cost of the work on the building, which is to become Võru State Secondary School, is almost 3.35 million euros without VAT, including the contracting entity’s reserve.

  • 29. Jul 2014 Nordecon has entered into a design and construction contract for construction section 5 of the western part of the Tartu bypass

    Nordecon AS and the Estonian Road Administration entered into a contract today for the performance of design and construction work on construction section 5 of the western part of the Tartu bypass. The work comprises the renovation of the road section leading to the airport intersection and the construction of four overpasses and one tunnel. The construction work will cost 8.6 million euros (before VAT).

  • 18. Feb 2014 Construction contract (VKG Petroter 3 framework)

    Nordecon Betoon OÜ, a subsidiary of Nordecon (group ownership 52 per cent), and Viru Keemia Grupp AS (VKG) have signed an agreement on the construction of foundations and a reinforced framework for the thermal processing unit and a reinforced framework for the condensation area of VKG’s Petroter 3 oil plant.

  • 31. Jan 2014 Nordecon AS amongst the best investor relations companies on the Baltic Stock Exchanges

    The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announced on 30 January 2014 the winners of the Baltic Market Awards 2013 at the Gala Ceremony. This is the eight time that companies listed on the NASDAQ OMX Baltic Market were honored with awards for best investor relations practices and the Member of the Year. Nordecon AS achieved once again a high position, placing fifth in the overall list. This meant ranking third amongst Tallinn Stock Exchange listed companies. A total of 52 of NASDAQ OMX Baltic Market listed companies were evaluated against more than 160 criteria.

  • 27. Nov 2013 Nordecon to support Tartu’s SK Duo volleyball club over the next three years

    Nordecon will support Tartu’s SK Duo volleyball club with a total of 45,000 euros over the next three years in order to expand sports activities in the university town and promote volleyball both as a form of recreational and competitive sport.

  • 27. Nov 2013 Nordecon to complete the construction of the visitors’ port in Kärdla

    Nordecon AS completed the construction of the visitors’ port in Kärdla a month before the agreed deadline. The total cost of the construction of Hiiumaa’s largest marina amounted to about 4.2 million euros exclusive of VAT. The contracting entity was Kärdla Port Foundation.

  • 22. Nov 2013 Nordecon to complete the construction of Eastern and Western bypass in Tartu two months ahead of schedule

    Nordecon AS will complete the construction work at the 4th construction site of the western bypass and the 1st construction site of the eastern circuit in Tartu ahead of schedule – the outcome of the project is one of the largest transport junctions in southern Estonia, the Postimaja traffic junction, a total of three overpasses and about 4 kilometres of new four-lane road with necessary infrastructure. The total cost of the work at both construction sites was 28.8 million euros exclusive of VAT.

  • 19. Nov 2013 Nordecon to open the Aruvalla-Kose section of the Tartu Highway

    Nordecon AS completed the construction of the Aruvalla-Kose section of the road in time and at the end of last week it delivered the finished site to the contracting entity, the Road Administration. Today, the four-lane section of the road with a total cost of about 50 million euros will be fully opened for traffic.

  • 11. Nov 2013 Nordecon built two H&M stores in Tallinn

    The flagship store of the Swedish fast-fashion brand H&M will open in Kristiine Shopping Centre in Tallinn this weekend. Nordecon completed construction of the store in September. Nordecon also built the extension to the Rocca al Mare Shopping Centre, which houses the first H&M store opened in Estonia.

  • 08. Nov 2013 Nordecon completes construction of Sakala Office Building in central Tallinn

    Nordecon AS delivered the Sakala Office Building in the centre of Tallinn to Selvaag Sakala OÜ in October and the opening ceremony was held last night. The construction of the office building cost ca. 4.2 million euros without VAT.

  • 04. Nov 2013 Nordecon completed the construction of Abakhan Fabrics’s block in Tartu’s Old Town

    In mid-October, Nordecon AS delivered to the customer, Abakhan Fabrics Eesti AS, a block of buildings at the corner of Rüütli and Gildi streets in Tartu’s Old Town, and today the block will be opened festively. The total cost of the restoration and reconstruction work of the commercial buildings amounted to EUR 2.5 million exclusive of VAT.

  • 21. Oct 2013 Nordecon Betoon builds Estonia’s largest grain terminal in Sõmeru rural municipality

    The opening ceremony of the Kevili Farmers Cooperative’s grain terminal constructed by Nordecon Betoon OÜ, a subsidiary of the Nordecon Group will take place today. The total cost of the design and construction work of Estonia’s largest grain terminal, which is situated in Roodevälja village, Sõmeru, Lääne-Virumaa County, amounted to EUR 8 million.

  • 15. Oct 2013 Nordecon constructed a new water and sewage treatment plant in Pärnu-Jaagupi

    Nordecon completed the construction of the water and sewage treatment plant In Pärnu-Jaagupi on time. Overall, the new treatment systems guarantee that drinking water meets every requirement and the sewage discharged into the environment conforms to all standards set for its cleanliness.

  • 17. Sep 2013 Nordecon Betoon to construct biggest dairy farm complex in region for Väätsa Agro

    Nordecon Betoon OÜ, a company that forms part of the Nordecon Group, and Väätsa Agro AS have entered into an agreement for the construction of the biggest dairy farm complex in the European Union. The complex will be built in Lõõla, where 3330 milking cows will be houses in brand new barns. The first stage of the project will see the construction of barns for 2200 milking cows at a cost (without VAT) of almost 9 million euros. The project is being financed by SEB Pank.

  • 14. Aug 2013 Nordecon to take yachtsman Karl-Martin Rammo to Rio

    Today, Nordecon AS entered into a cooperation agreement with Karl-Martin Rammo, one of Estonia’s top sportsmen in sailing. The aim of the cooperation is to help Karl-Martin Rammo achieve the best results at the 2016 Olympic Games and thereby encourage more young people to go in for sports and set high goals. Nordecon will support Rammo with 20,000 EUR over four years.

  • 31. Jul 2013 Nordecon to rebuild the sewerage system in the city of Paide

    Today the cornerstone will be laid in the rebuilding of the wastewater treatment facility in the city of Paide that, in accordance with the contract concluded between Paide Vesi AS and Nordecon AS in April this year, means that in just 12 months’ time Paide’s wastewater problems will have been solved.

  • 29. Jul 2013 Nordecon concludes two new contracts

    This week Nordecon AS has concluded two new construction contracts totalling EUR 12 million.

  • 06. Jun 2013 Nordecon to reconstruct Tallinn’s Kivimurru Street on time

    Nordecon AS completed the construction of a new rainwater sewer at Kivimurru Street in Tallinn. The street that had in the meantime been closed, got a new full-length covering and has been open to traffic for quite some time now. The total cost of the work was 1.31 million euros inclusive of VAT.

  • 05. Jun 2013 Nordecon Betoon constructs engineeringly unique test building for Tallinn University of Technology with almost zero energy consumption

    As commissioned by the Tallinn University of Technology, Nordecon Betoon has completed the construction of a test building with almost zero energy consumption, unique in Estonia and the whole of Europe. The building will be opened today. This engineeringly sophisticated building designed for research work cost EUR 403,635 plus VAT.

  • 05. Jun 2013 Nordecon to construct 9-storey apartment building on Pirita Road in Tallinn

    Nordecon AS and Pirita Apartments OÜ have concluded a contract of services for construction of an apartment building in Tallinn at Pirita Road 26. The approximate construction contract cost is € 10 million plus VAT.

  • 27. May 2013 Nordecon has completed the construction of the waterworks and district heating facilities of Assaku, Jüri and Vaida boroughs and the waste water treatment plant of Vaida

    Nordecon AS has completed the construction of the public waterworks and district heating facilities of Assaku, Jüri and Vaida boroughs, with a total cost of 4.94 million euros. Additionally the waste water treatment plant of Vaida borough was reconstructed, with a cost of 2.79 euros.

  • 14. May 2013 Nordecon to increase its Q1 sales revenue by 20% year-over-year

    The sales revenue of Nordecon AS amounted to €27.1 million in the 1st quarter of 2013, which is 20% more than in the same period the year before. The Group’s gross profit in the 1st quarter was €593,000, increasing by more than half a million euros compared to the quarter a year ago.

  • 30. Apr 2013 Nordecon to deliver a completed commercial building to the client in the Rotermanni Quarter

    Today, Nordecon AS delivered the completed commercial and residential building at the address Rotermanni 10 in the Tallinn City Centre to Rotermanni City OÜ, a company engaged in developing the Rotermanni Quarter. The construction of the commercial building with guest apartments lasted 12 months.

  • 29. Apr 2013 Notice of annual general meeting of shareholders

    The management board of Nordecon AS (registry code 10099962, address Pärnu mnt 158/1, 11317 Tallinn) summons an annual general meeting of shareholders, which shall be held on 24 May 2013 at 10.00 a.m. in the conference centre of Radisson Blu Hotel Olümpia, room Beta (Liivalaia 33, 10118 Tallinn).

  • 15. Apr 2013 Nordecon enter into a contract for reconstruction of the water treatment plant in Paide

    Nordecon enter into a contract with AS Paide Vesi for reconstruction of the water treatment plant in Paide. The total value of the work with the reserve of the contracting entity is 6.74 million euros exclusive of VAT.

  • 26. Mar 2013 Nordecon entered into a contract for the construction of the 3rd stage of the ASTRI Centre in Narva

    On Monday, Nordecon AS and AS ASTRI-NARVA entered into a contract for the construction of the 3rd stage of the ASTRI Centre in Narva. The value of the construction contract exceeds 15 million euros.

  • 21. Mar 2013 Nordecon builds six family homes at the special care home in Tõrva

    Nordecon completed the construction of six family homes at the special care village in Raba Street, Tõrva. The construction, which began last March, was commissioned by AS Hoolekandeteenused and the price of the facilities amounted to a total of 2.9 million euros.

  • 05. Mar 2013 Nordecon built a new water treatment plant with utility network in Kohila

    The water project of Kohila town was festively completed yesterday. The design and construction work of Kohila water treatment plant and the reconstruction and the building of the water and sewage pipelines in northern and southern Kohila were finished in time by the end of 2012. The total value of contracts entered into between Kohila Maja OÜ and Nordecon AS exceeded 8 million euros.

  • 14. Feb 2013 Nordecon to end the year with net profit

    The sales revenue of the Nordecon Group amounted to almost €160 million and increased by 8% year over year. The Group converted its lossmaking operations of the last couple of years into profitable ones and its unaudited net profit amounted to €1.9 million.

  • 06. Feb 2013 The annual NASDAQ OMX Baltic Market awards

    The annual NASDAQ OMX Baltic Market awards ceremony was held on 24 January 2013.

  • 15. Jan 2013 Nordecon entered into a contract for the construction of the public water supply in Ääsmäe

    On Friday, Nordecon AS and a water undertaking AS Kovek entered into a contract for the design and construction of the public water supply and waste water drains and facilities in Ääsmäe residential area.

  • 04. Jan 2013 The Luige junction to be fully opened for traffic today

    The entire site of the Luige multi-level junction will be fully opened for traffic today. From now on, the traffic on the Tallinn-Rapla-Türi highway will head via the overpass. The crossings with traffic lights on the intersections of the Tallinn ring road and the Tallinn-Rapla-Türi highway have been dismantled and replaced with two roundabouts. The speed limit on the overpass will be 60 km/h.

  • 03. Jan 2013 Nordecon finished the construction work of Hüüru public water supply and sewerage piping system

    Nordecon recently finished the construction of the public water supply, sewerage piping and sewerage facilities in the Hüüru area and as a result, another 125 households can enjoy a water and sewerage system that meets all requirements. The total cost of the work amounted to 3.12 million euros exclusive of VAT.

  • 07. Dec 2012 Nordecon entered into a contract for the 5th stage of renovation in St. Paul's Church in Tartu

    Today, Nordecon AS entered into a contract for the 5th stage of renovation in St. Paul's Church in Tartu; with the customer’s reserve, the value of the contract could amount to €5.47 million.

  • 30. Nov 2012 Nordecon completes reconstruction of Estonian embassy building in Kyiv

    Nordecon had completed reconstruction work on the Estonian embassy building in Kyiv. Situated on Pushkinskaya Street in the Ukrainian capital, it will be officially reopened tomorrow by Foreign Minister Urmas Paet.

  • 12. Nov 2012 Nordecon increased its turnover and profitability

    The Nordecon Group’s year-over-year sales revenue in the first nine months grew by 13% and exceeded €117 million. The gross profit of the construction group was €6 million, while the same period in the last year generated a loss. The volume of work-in-progress covered by construction contracts amounted to €146.1 million as of late September.

  • 24. Oct 2012 Nordecon signs deal to construct water & sewerage system for Kiviõli

    Nordecon AS entered into an agreement today with OÜ Järve Biopuhastus, the water company belonging to the Jõhvi, Kohtla-Järve, Püssi and Kiviõli local governments, for the construction of the first stage of the water and sewerage systems for Kiviõli. The total value of the project (including a reserve for unforeseeable work) is 4.52 million euros, plus VAT.

  • 16. Oct 2012 Nordecon opened the 13 km stretch of the Ebavere-Rakke road in Lääne-Viru County more than a month ahead of schedule

    Nordecon AS completed the road section of the Rakvere-Väike-Maarja-Vägeva-Rakke highway from kilometres 30.5 to 43.7 ahead of schedule, which significantly contributed to the traffic safety and driving comfort on the road.

  • 26. Sep 2012 Termination of criminal proceedings

    Today, on 26 September 2012, the Public Prosecutor’s Office issued a ruling by which it terminated the criminal proceedings instituted against Nordecon AS and a member of its management board, Erkki Suurorg, in November 2010.

  • 25. Sep 2012 Nordecon completes pipeline construction work in Saku village

    Nordecon AS has completed construction work on public water and sewerage structures and district heating pipelines in Zone II of the village of Saku on schedule.

  • 03. Sep 2012 Nordecon completes construction of Võru waterworks

    Nordecon AS has completed design and construction work on the water and sewerage systems in the Taara residential district, Räpina Highway district and Kose Road district of Võru. The total cost of the project before VAT was almost 1.3 million euros.

  • 15. Aug 2012 Nordecon records sales revenue of 62.9 million euros in first six months of 2012

    The sales revenue of Nordecon AS in the first half of 2012 was 62.9 million euros – 16% more than in the same period last year. The group’s gross profit was 2.2 million euros, compared to a loss of 1.4 million euros in the first six months of 2011. The company’s portfolio of work yet to be performed under construction contracts amounts to 166 million euros, which is a rise of 19% year-on-year for the period.

  • 18. Jul 2012 Nordecon filed an action with a court of arbitration against the Maritime Museum

    Nordecon AS filed an action with the Court of Arbitration of the Estonian Chamber of Commerce and Industry against the Estonian Maritime Museum, demanding the payment still due from the Estonian Maritime Museum for reconstruction work of the seaplane hangars of the Tallinn Seaplane Harbour.

  • 12. Jul 2012 Nordecon signs contract for construction of visitors’ port in Kärdla

    Nordecon AS and SA Kärdla Sadam entered into an agreement today for the construction of a visitors’ port in Kärdla. The contract is valued at almost 4.1 million euros before VAT.

  • 23. May 2012 Nordecon signs €13 million contract for construction of six apartment blocks

    Nordecon AS signed a contract with Arco Vara group company Tivoli Arendus OÜ on Monday for the design and construction of the residential district planned for the site of a former funfair in the Tallinn suburb of Kadriorg. Construction of the six apartment blocks being erected during the first stage of development at the site is valued at almost 13 million euros before VAT.

  • 15. May 2012 Nordecon’s turnover increased in Q1 by more than a quarter when compared to the previous year

    The sales revenue of Nordecon AS amounted to 22.5 million euros in Q1 of 2012, which is 27% more on the year-over-year basis. The group recorded gross profit of 36,000 euros in Q1, which means year-over-year improvement of approximately 109,000 euros. The volume of the contracts portfolio and continuous rise in the efficiency of the construction activities allows the group to see the remaining year with moderate optimism.

  • 10. May 2012 Nordecon signed a contract with Selvaag Sakala for the construction of an office building in Tallinn city centre

    Nordecon AS and Selvaag Sakala OÜ, a subsidiary of the Norwegian real estate group Selvaag Gruppen, signed a contract for the construction of an office building in Tallinn city centre, at Kentmanni 4/Sakala 10. The cost of construction work will be approximately 4.3 million euros.

  • 16. Apr 2012 Nordecon receives award for world’s best metal roof at trade fair

    At the Eesti Ehitab 2012 trade fair today, Detlef Strauch, Secretary-General of the International Federation for the Roofing Trade, presented Nordecon AS with the award for its construction of the best metal roof in the world – that of the Ahhaa Science Centre.

  • 10. Apr 2012 Composition of the Management Board of Nordecon AS to change

    With a view to enhancing the management structure of the Nordecon group and regulating the management of the core business, the Chairman of the Supervisory Board of Nordecon AS will propose, at the regular meeting of the Supervisory Board to be held on 30 April 2012, to change the composition of the Management Board of Nordecon AS.

  • 29. Mar 2012 Nordecon signs deal to construct section of Tartu bypass

    Nordecon AS and the Estonian Road Administration entered into an agreement today for construction work on Section 4 of the western bypass around the city of Tartu. This will see the removal of the Võru Street railway crossing and the existing intersection with the Tartu ring road. The construction work will cost a total of 14.7 million euros before VAT.

  • 22. Mar 2012 Acoustic Sculpture “Cromatico” Built by Nordecon Betoon Named Concrete Structure of the Year

    The Concrete Association of Estonia announced the winner of the Concrete Structure of the Year 2011 contest to be the acoustic sculpture “Cromatico” situated in the Tallinn Song Festival Grounds and built by Nordecon Betoon in cooperation with the German acoustic artist Lukas Kühne and HC Betoon. The structure was designed by Rosario Nuin.

  • 15. Mar 2012 Nordecon builds new water supply and sewerage piping in Kadrina small town

    Nordecon AS has completed by the deadline the construction of new water supply and sewerage piping network, the pumps and the wastewater treatment facility in the small town of Kadrina. The cost of the construction work was 1.65 million euros, plus VAT.

  • 09. Mar 2012 Nordecon completed construction works of Kose wastewater treatment plant

    Nordecon completed construction works of Kose wastewater treatment plant whose cost totalled 2.31 million euros without VAT.

  • 20. Feb 2012 Nordecon to Build Translational Medicine Centre of University of Tartu

    Today, Nordecon AS signed a contract with the University of Tartu to design and build a translational medicine centre located on Viljandi Road. The centre will be built as an extension to the current Chemistry Building of the University. The value of the contract is 7.23 million euros VAT not included.

  • 09. Feb 2012 Nordecon posts 51% rise in sales revenue for 2011 and ends years in profit

    With the recovery on the local construction market, the sales revenue of Nordecon AS rose in 2011 by 51% to 149.6 million euros. The group’s main areas of operation proved cost-effective in Q3 and Q4, and it ended the year with a gross profit of 195,000 euros.

  • 19. Jan 2012 Nordecon completes reconstruction of Põltsamaa water treatment plant ahead of schedule

    Nordecon has completed renovations to the Põltsamaa water treatment plant ahead of time and to a total cost of 1.85 million euros (excluding VAT). In addition to reconstructing the plant, the project involved the laying of more than 13 km of water and sewer pipeline along the right bank of the Põltsamaa River.

  • 04. Jan 2012 Nordecon completes water and sewerage pipelines ahead of schedule in Loo

    The last week of 2011 saw Nordecon AS complete construction and reconstruction work on the water and sewerage pipelines in the town of Loo, to a total cost of 1.75 million euros. Installation of the pipes, which was complicated by the limestone-rich ground in the area, was nevertheless completed ahead of the deadline.

  • 02. Jan 2012 Nordecon hands Seaplane Port hangars over to Maritime Museum

    With key construction work at the site completed, Nordecon today handed over the Seaplane Port hangars to the Estonian Maritime Museum. Work will now continue with the complex task of installing the museum’s exhibits.

  • 20. Dec 2011 Nordecon: Vanamõisa water system completed one year ahead of schedule

    Nordecon AS recently completed design and construction work on the joint water system and sewage pipelines of the Saue-Vanamõisa waste water collection area, providing high-quality water and sewerage services to residents in the area almost a year ahead of schedule.

  • 08. Dec 2011 Nordecon’s Arvo Kirotus is Builder of the Year 2011

    The Builder of the Year title for 2011 has been awarded by the Estonian Association of Construction Entrepreneurs (EACE) to Nordecon’s Arvo Kirotus, whose management of the construction work on a biofilter for Tallinn Sewage Treatment Plant was highly commended not only by the client, but also by the designer, planner and construction supervisor working on the project.

  • 30. Nov 2011 Nordecon completes reconstruction of main road in Kunda

    Today will see the handover of the reconstructed section of road running through the town of Kunda by Nordecon AS. The repairs to the road, which has become the main thoroughfare of the town due to the high volume of traffic it receives and the number of key companies located in the area, cost 1.68 million euros.

  • 25. Nov 2011 Kaarepere railway overpass completed two months ahead of schedule

    Today sees the official opening of the new railway overpass in Kaarepere in Jõgeva County, which was completed almost two months ahead of schedule. Design and construction work on the overpass was carried out by Nordecon AS in association with Ramboll Eesti AS. The total cost of construction was 4.1 million euros.

  • 14. Nov 2011 37% rise in Nordecon group’s 9-month sales revenue year-on-year

    The sales revenue of Nordecon AS in the first nine months of 2011 was 103.3 million euros – a 37% rise on the same period last year, and indeed more than the group’s turnover for the whole of 2010. However, despite the profit made by the group in Q3, its gross losses for the nine months stand at 717,000 euros.

  • 08. Nov 2011 Nordecon roof takes top title

    At its annual congress last Friday, the International Federation for the Roofing Trade awarded the roof of the Ahhaa Science Centre constructed by Nordecon AS the title of the best metal roof in the world. It was designed by architects Ain Padrik and Vilen Künnapu and constructed by DMT Insenerid, led by project manager Peeter Voovere.

  • 27. Oct 2011 Nordecon completes work on closure of Rääma landfill

    Nordecon has completed work on the closure of the 28-hectare Rääma landfill in Pärnu at a total cost of 3.45 million euros. In addition to isolating the waste disposed of at the site and covering the landfill area, a gas collection system was constructed along with a heating and power station.

  • 24. Oct 2011 Nordecon complete reconstruction of Kuressaare-Nasva road

    Today Nordecon will hand over to the Estonian Road Administration the completely reconstructed section between the 2.82 and 6.89 km marks on the Kuressaare-Nasva road. The total cost of the work was 1.96 million euros exclusive of VAT.

  • 18. Oct 2011 Estonia’s flattest stretch of road completed between Risti and Virtsu

    Handed over to the Estonian Road Administration last month by Nordecon AS was the completely reconstructed section between the 34.8 and 40.3 km marks on the Risti-Virtsu road – which measurements have shown to be probably the most level stretch of road in the country.

  • 18. Oct 2011 Nordecon participated in investment fair Rahakompass 2011

    On 2 October 2011 Nordecon participated for the second year in “Rahakompass”, an investment fair held by NASDAQ OMX Tallinn Stock Exchange (TSE). The fair took place in Tallinn Nokia Concert Hall. The total number of visitors was approximately 2,000.

  • 15. Sep 2011 Eston Ehitus enters into contract for construction of three nursing homes

    As the joint winners of a public procurement launched by AS Hoolekandeteenused, Nordecon AS and AS Eston Ehitus entered into agreements today for general contracting work in the construction in Kehra, Tapa and Viljandi of nursing homes for patients with special psychiatric needs. The construction work will cost a total of 5.6 million euros.

  • 09. Sep 2011 Nordecon to construct Luige junction at a cost of 8.9 million euros

    Nordecon AS and its subsidiary Järva Teed AS entered into an agreement with the Estonian Road Administration today for the reconstruction of the Luige junction on the Tallinn ring road. The construction work will cost 8.9 million euros (before VAT).

  • 02. Sep 2011 Sillamäe parking area for trucks crossing border set to open tomorrow

    Tomorrow will see the official opening of the Sillamäe TruckStop – the parking area for trucks queuing to cross the Russian border that has been constructed by Nordecon.

  • 02. Sep 2011 ‘Project of the century’ ready for use by client

    The design and construction work carried out by Nordecon AS on one of the biggest infrastructure complexes in Estonia – the new Koidula border railway station in the south-east of the country – has been completed, the site has been transferred to Riigi Kinnisvara AS and the agencies that will operate the station, and trains have been passing through it since early summer.

  • 15. Aug 2011 Renovated road section of Liiapeksi-Loobu (20.3 km) on Narva Road opened for traffic today

    Today, the road section of Liiapeksi-Loobu reaching from kilometres 50.3 to 70.6 on road E20 was officially opened for traffic. The construction works were performed by Nordecon AS. Construction supervision was conducted by Vealeidja OÜ together with Celu Inženieri AS. The total cost of the contract was EUR 7.8 million, of which 85% was financed by the Cohesion Fund of the European Union. The contracting entity was the Estonian Road Administration.

  • 15. Aug 2011 Nordecon signs €20 million contract for construction of Port of Sillamäe infrastructure

    Nordecon has entered into a contract with Sillamäe Sadam AS for the Stage 2 construction of infrastructure at the Port of Sillamäe. The contract is valued at €20 million. As part of the contract, Nordecon will also be constructing a sewerage and water network for the Hüüru district in Saue municipality at a cost of €3.1 million. Both projects are scheduled for completion by the end of 2012.

  • 15. Aug 2011 Nordecon records sales revenue of 54.4 million euros in first six months of 2011

    The sales revenue of Nordecon AS for the first half of 2011 was 54.4 million euros, which is 46% more than in the same period last year. The gross losses of the company for the period totalled 1.4 million euros, which is significantly lower than the 2.9 million euros recorded in the first six months of 2010.

  • 07. Jul 2011 Nordecon to construct water treatment plant in Kohila

    Nordecon entered into an agreement with the Kohila municipality-owned water company Kohila Maja OÜ last week which will see the company designing and constructing a water treatment plant for the town to the value of 2.21 million euros.

  • 12. May 2011 Nordecon posts improved year-on-year results for Q1

    Although Nordecon AS ended Q1 2011 with a gross loss of 73,000 euros, its financial indicators are showing signs of improvement compared to the same period in 2010.

  • 03. May 2011 Nordecon to construct next stage of Ämari Air Base

    Nordecon AS entered into an agreement with the Estonian Ministry of Defence today for the construction of the auxiliary buildings of Ämari Air Base and the infrastructure needed to service them.

  • 19. Apr 2011 Nordecon signs contract with Estonian Road Authority for construction of Aruvalla-Kose road

    Nordecon AS and joint tenderer Ramboll Eesti AS entered into a contract with the Estonian Road Authority today as the winners of the public procurement for the planning and construction of the Aruvalla-Kose section of the Tallinn-Tartu highway.

  • 06. Apr 2011 Nordecon submits winning bid in public procurement for Aruvalla-Kose road construction

    The Estonian Road Authority revealed last week that three tenders met the terms and conditions of the public procurement for the design and construction of the section of road between Aruvalla and Kose, with the successful bid being the joint offer of Nordecon AS and Ramboll Eesti AS

  • 17. Mar 2011 Nordecon to construct student housing for Järva County Vocational Education Centre

    Nordecon AS and Järva County Vocational Education Centre entered into an agreement on Wednesday for the construction of student housing and a canteen in Paide.

  • 08. Mar 2011 Hiiu Teed OÜ constructs Europe’s longest ice road

    Hiiu Teed OÜ, a subsidiary of the construction company Nordecon AS, has opened the Heltermaa–Rohuküla ice road.

  • 08. Mar 2011 Nordecon ends second consecutive quarter in the black

    Q4 in 2010 was the second quarter in a row which the Nordecon group ended with a gross profit, despite the fact that more accurate forecasts saw some projects making additional losses and fulfilment of road maintenance contracts ending the quarter in the red.

  • 08. Mar 2011 Biggest boilerhouse constructed in Estonia in 20 years opens in Ahtme

    Nordecon AS and Napal AS have completed construction of the Ahtme peak load and reserve boilerhouses commissioned by Kohtla-Järve Soojus AS.

  • 04. Jan 2011 Nordecon International merged its subsidiaries and continues operating under the name Nordecon AS

    All the activities that resulted in the merger of the subsidiaries of the Nordecon Group, Nordecon Infra AS and Nordecon Ehitus AS, with the parent company Nordecon International AS have been completed and the company continues its operations in the new year under the name Nordecon AS.

  • 22. Dec 2010 Nordecon will build a new study block for the Faculty of Social Sciences of the University of Tartu

    Nordecon Ehitus signed a contract with the University of Tartu yesterday, pursuant to which the former maternity hospital located in Toomemäe, Tartu, will be re-built for a new study block of the Faculty of Social Sciences. The contractual cost of the building work is 56.2 million kroons.

  • 21. Dec 2010 Toomas Luman, a major shareholder of Nordecon has donated close to 50 million kroons to charity

    Toomas Luman, chairman of the supervisory board of the construction group Nordecon International AS, is a firm believer in charity work and says there must be a point to it. However, he also says that the problem in Estonia is that no one talks about it.

  • 21. Dec 2010 Nordecon Infra to construct Kaarepere overpass

    Nordecon Infra AS, alongside Nordecon International AS and Ramboll Eesti AS, entered into a subcontracting agreement last week with the Estonian Road Authority as the lead partner in the construction of an overpass to replace three railway crossings in Kaarepere in Jõgeva County. The total cost of the design and construction project is 67.2 million kroons.