Nordecon AS

Nordecon AS, established in 1989, is one of the largest construction groups in Estonia. The company's core business strategy focuses on general contracting and project management, maintaining a balance between building and infrastructure construction. Headquartered in Tallinn, Estonia, Nordecon AS operates with a commitment to delivering high-quality construction services.

The group provides a comprehensive range of construction services, including the development of commercial, industrial, public, and residential buildings. In the infrastructure segment, Nordecon is involved in road construction and maintenance, utility networks, and port facilities. Additionally, the company offers ancillary services such as concrete works and heavy construction equipment rental. Nordecon's operations extend beyond Estonia to include markets in Finland, Sweden, and Ukraine.

Nordecon AS has been publicly traded on the Nasdaq Tallinn stock exchange since May 2006 under the ticker symbol NCN1T. Recent notable activities include securing significant contracts, such as a EUR 110.4 million agreement for defense infrastructure in Estonia in March 2026, and other construction deals for buildings and infrastructure. The company's leadership includes Maret Tambek as chairman of the management board, alongside Tarmo Pohlak and Deniss Berman.