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Road construction project (Päädeva–Orgita and Haimre road sections and traffic junction)
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Construction contract (Päädeva–Orgita and Haimre road sections and traffic junction)
Globenewswire· 2025-11-07 07:00
Group 1: Project Overview - Nordecon group company Tariston AS has signed a contract with the Estonian Transport Administration for the construction of the Päädeva–Orgita road section and Haimre traffic junction on National Road 4 (E67), upgrading them to a 2+2 lane road [1] - The project includes the construction of Orgita and Haimre viaducts, one pedestrian tunnel, two wildlife crossings, and one livestock tunnel, along with various collector and connecting roads [1] Group 2: Financial Details - The total cost of the contract is 27.78 million euros plus value added tax, with completion expected by September 2027 [2] Group 3: Company Profile - Nordecon is a group of construction companies focused on construction project management and general contracting in buildings and infrastructures, operating in Estonia, Ukraine, and Sweden [3] - The consolidated revenue of Nordecon Group in 2024 was 224 million euros, and the company employs approximately 425 people [3] - Nordecon AS has been listed on the main list of the Nasdaq Tallinn Stock Exchange since May 18, 2006 [3]