Tallinn, Estonia, 2014-05-02 08:30 CEST(GLOBE NEWSWIRE) -- The council of Nordecon AS has made a proposal to the annual general meeting of the shareholders to increase Nordecon ASí share capital for execution of the option plan by issuing 1,618,755 new shares without par value. The information related to the proposed increase of share capital is published within the notice of annual general meeting of shareholders (company announcement published on 2 May 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, Ukraineand 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 2013 was 174 million eurosand net profit 4.6 million euros. Currently Nordecon Groupemploys more than 700 people. Since 18 May 2006the company's shares have been quoted in the main list of the NASDAQ OMX Tallinn Stock Exchange. Raimo TalvisteNordecon AS Head of Finance and Investor Relations Tel: +372 615 4445 Email: firstname.lastname@example.org Copyright © 2014 OMX AB (publ).