News
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.
Nordecon signs deal to construct section of Tartu bypass
27. march 2012Nordecon 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.
| Project: Veeriku apartment buildings |
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.