Nordecon has entered into a design and construction contract for construction section 5 of the western part of the Tartu bypass25. july 2014
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).
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.
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.
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.