OREANDA-NEWS. Nordecon AS and Kantauro OU signed a contract for the construction of shopping center (Stroomi Center, situated in Tallinn). The net area of this two-storied center with underground parking floor is approximately 15,000 square meters.

The value of the contract is over 9 million euros (excluding VAT). Construction work is expected to be completed in September 2014.

Nordecon 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, Ukraine and Finland. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. In addition to the parent company, there are more than 10 subsidiaries in the Group. The consolidated revenue of the Group in 2012 was 159.4 million euros. Currently Nordecon Group employs more than 700 people. Since 18 May 2006 the company’s shares have been quoted in the main list of the NASDAQ OMX Tallinn Stock Exchange.