Construction contract (Pirni 7/2 commercial building)
09 Agosto 2023 - 4:30AM
Construction contract (Pirni 7/2 commercial building)
AS Nordecon group company Embach Ehitus OÜ and
Eesti Talleks AS signed a contract for the construction of the
commercial building on Pirni 7/2 in Tallinn. The first floor of the
four-story building with a closed net area of 2,254 sqm will have
commercial, service and warehouse spaces, and the remaining floors
are designed as office spaces for small and medium sized
enterprises. Several environmentally friendly solutions have been
designed into this building – heating and cooling with an activated
plaster foundation, reuse of rainwater, a solar electric system to
reduce the energy consumption, intelligent lighting control to
reduce the building's energy consumption and ensure a high quality
of the working environment, a smart access system integrated into
the door handles etc.
The total value of the contract is close to 3.25
million euros without VAT and the works will be completed in
October of 2024.
Nordecon (www.nordecon.com) is a group of
construction companies whose core business is construction project
management and general contracting in the buildings and
infrastructures segment. Geographically the Group operates in
Estonia, Finland, Ukraine and Sweden. The parent of the Group is
Nordecon AS, a company registered and located in Tallinn, Estonia.
The consolidated revenue of the Group in 2022 was 323 million
euros. Currently Nordecon Group employs close to 570 people. Since
18 May 2006 the company's shares have been quoted in the main list
of the Nasdaq Tallinn Stock Exchange.
Andri HõbemägiNordecon ASHead of Investor
RelationsTel: +372 6272 022E-mail:
andri.hobemagi@nordecon.comwww.nordecon.com
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