Nordecon: Change in management board of group subsidiary

NordeconSupervisory board of Nordecon Betoon OÜ, a 52% subsidiary of Nordecon AS decided on its meeting held on 25 August 2022 to recall Magnus Velling as a member of the management board of Nordecon Betoon OÜ and to appoint Priit Nigols as a new board member from 01 September 2022, who will be responsible for the construction activities of Nordecon Betoon OÜ.

Priit Nigols has extensive management experience in various positions in the field of general construction since 2011. In 2014, he joined the Nordecon Betoon OÜ team. He has studied industrial and civil engineering at Tallinn University of Technology with a specialization in construction economics and management and is level 8 chartered civil engineer in buildings and structures. Priit Nigols does not own Nordecon AS shares.

The management board of Nordecon Betoon OÜ will continue with two members – Mait Rõõmusaar (chairman of the board) and Priit Nigols (member of the board).

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