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Nordecon As
Toompuiestee 35
Phone: +372 6154400p:+372 6154400 TALLINN, 10133  Estonia Ticker: NCN1TNCN1T
Business Summary
Nordecon AS, formerly Nordecon International AS, is an Estonia-based company engaged in the construction industry sector. The Company’s activities include construction of residential and non-residential buildings, roads, motorways, utility projects, water projects and civil engineering projects, as well as road maintenance. The Company operates in Estonia, Latvia, Lithuania, Ukraine, Belarus, Finland and Sweden. The Company’s main subsidiaries include, among others, Nordecon Betoon OU, involved in concrete works; Jarva Teed AS and Hiiu Teed OU, involved in road maintenance; Eston Ehitus AS, engaged in building construction; Kaurits OU, which is active in rental of heavy equipment; EE Ressursid OU, engaged in the geological surveying, and Kalda Kodu OU and Magasini 29 OU, engaged in the real estate development sector.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202412/31/2023Yes----

Industries
SIC Code Description
1542 General contractors-nonresidential buildings, other than industrial
1611 Highway and street construction, except elevated highways
1623 Water, sewer, pipeline, and communications and power line construction
1531 Operative builders
1629 Heavy construction, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Supervisory Council ToomasLuman 59 1/1/2002 1/1/1989
Chairman of the Management Board, Finance and Support Functions MaretTambek 57 5/1/2024 1/1/2010
Chairman of the Management Board of Tariston AS KasparKaldjarv 1/1/2017
11 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Swencn AB Sickla Industrivag 3 Nacka Sweden
NordeCon AB Friggvagen 4 Saltsjo-Boo Stockholm Sweden

Business Names
Business Name
0NZ8
DSN Ehitusmasinad OU
Eesti Ehitus AS
10 additional Business Names available in full report.

General Information
Number of Employees: 423 (As of 3/31/2024)
Outstanding Shares: 30,756,728 (As of 3/31/2024)
Shareholders: 6,667
Stock Exchange: TAL
Fax Number: +372 6154401


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Wednesday, November 20, 2024