Shareholders of Nordecon AS as of 30 June 2011
| Shareholder | Number of shares | Ownership interest | |
| AS Nordic Contractors | 16 507 464 | 53.67% | |
| Skandinaviska Enskilda Banken Ab Clients | 2 615 614 | 8.50% | |
| ING Luxembourg S.A. | 1 111 853 | 3.61% | |
| State Street Bank and Trust Omnibus Account A Fund | 647 964 | 2.11% | |
| Ain Tromp | 578 960 | 1.88% | |
| ASM Investments OÜ | 519 600 | 1.69% | |
| SEB Pank AS Clients | 442 750 | 1.44% | |
| Aivo Kont | 298 000 | 0.97% | |
| Martin Sööt | 292 473 | 0.95% | |
| SEB Elu- ja pensionikindlustus AS | 262 700 | 0.85% | |
| Shareholder structure | Number of shareholders | Ownership interest | |
| Shareholders with interest exceeding 5% | 2 | 62.18% | |
| Shareholders with interest between 1% and 5% | 5 | 10.73% | |
| Shareholders with interest below 1% | 2 207 | 27.09% | |
| Total | 2 214 | 100% | |
| Shares controlled by members of the council | Number of shares | Ownership interest | |
| Toomas Luman (AS Nordic Contractors, OÜ Luman ja Pojad)* | Chairman of the Council | 16 569 144 | 53.87% |
| Ain Tromp | Member of the Council | 578 960 | 1.88% |
| Alar Kroodo (ASM Investments OÜ)* | Member of the Council | 519 600 | 1.69% |
| Andri Hõbemägi | Member of the Council | 40 000 | 0.13% |
| Tiina Mõis | Member of the Council | 0 | 0% |
| Meelis Milder | Member of the Council | 0 | 0% |
| * Companies controlled by the individual | |||
| Shares controlled by members of the board | Number of shares | Ownership interest | |
| Jaano Vink | Chairman of the Board | 34 000 | 0.11% |
| Avo Ambur | Member of the Board | 32 322 | 0.11% |
| Marko Raudsik | Member of the Board | 0 | 0% |
| Erkki Suurorg | Member of the Board | 0 | 0% |
| Council of Nordecon AS and companies controlled by them have not been granted any share options under which they could acquire shares in Nordecon AS in subsequent periods. | |||
Information about the current shareholder structure can be obtained from Estonian Central Register of Securities (HERE).
| Project: Koidula frontier station |
Nordecon’s turnover increased in Q1 by more than a quarter when compared to the previous year
10. may 2012The 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.
Nordecon signed a contract with Selvaag Sakala for the construction of an office building in Tallinn city centre
09. may 2012Nordecon 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.
Nordecon receives award for world’s best metal roof at trade fair
12. april 2012At 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.
Composition of the Management Board of Nordecon AS to change
10. april 2012With 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.