Nordecon Betoon is a subsidiary of Nordecon, established in 2000. The main activities of the company are concreting work and assembly of reinforced concrete elements. The portfolio of the company includes building of concrete structures for several businesses and production and apartment buildings: for example, the main building of Eesti Raudtee, the Marienthal office and shopping centre and Nordea House in Tallinn.
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.
For the construction of Miiduranna Villa the company was awarded the “Concrete Construction of the Year” prize of the Estonian Concrete Union and the Association of Construction Material Producers of Estonia.
Besides buildings, Nordecon Betoon has also built a number of bridges and overpasses. For instance, the overpasses in Tarbja, Mäo, Valgma and Mäo centre and Vodja bridge at the Mäo intersection on the Tallinn-Tartu highway completed in 2010, as well as overpasses at the Koidula border station and on the Vaida-Aruvalla section of the Tallinn-Tartu highway.
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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.