Nordecon holds education, culture and harmonised development and co-existence of society in high esteem: in all of our grant projects, issues related to children and young people receive most attention.
Nordecon is one of the founders and annual supporters of Nõmme Private School.We also work closely with Tallinn Technical University. Nordecon is financing, among other things, the purchase of new equipment for the laboratory of strength studies at the Faculty of Civil Engineering of TTU over the course of 10 years in order to provide modern means to improve the knowledge of future builders. Grants are issued every year by Nordecon to Bachelor’s students and Doctoral candidates; Nordecon also supports the basketball team of the university.
Nordecon is the sponsor of the Junior Estonian team in cross-country skiing, regularly supporting the promotion of the sport and the assurance of the future of skiing in Estonia. Nordecon has likewise supported Gerd Kanter, the undisputed star of athletics in Estonia, for many years in order to continue setting a good example for young people.
For many years we have felt it important to support the development of the Estonian Defence Forces – a long-term grant agreement has been entered into with the Foundation for Promotion of National Defence in order to recognise the best officers and non-commissioned officers serving in the Estonian Defence Forces.
We are also a founding member of and participate actively in the coalition Companies Against HIV along with our partners – we support the prevention of HIV first and foremost among companies and the working age population of Estonia.
We have also cooperated for many seasons with Tallinn City Theatre, who always offer wonderful experiences to those who enjoy the theatre.
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.
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.
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).
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.