Surface dressing of roads
Hiiu Teed Ltd. is a subsidiary of Nordecon and is also involved in road surface dressing. Surface dressing is a technology with the best price and quality ratio for ensuring the maximum drivability of a road and for building new roads with a dust-free cover. In average years Hiiu Teed carries out the surface dressing of 1.5 million square meters of road, which makes the company the biggest in its field. Via a related company, Hiiu Teed is also engaged in the production of bitumen emulsion (a new area in 2010), which ultimately ensures the maximum quality of surface dressing.
- Surface dressing manager Tiit Paulus, e-mail: firstname.lastname@example.org, phone +372 515 6588
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.