Kaurits becomes a 100% subsidiary of Nordecon AS


Nordecon AS acquired a 34% minority stake in its subsidiary OÜ Kaurits. Up to now, Nordecon AS held a 66% stake. The purpose of the transaction is to increase the efficiency of the Group’s construction management in the field of infrastructure construction. After the transaction, Nordecon AS owns 100% of the shares in Kaurits.