NOBE ehk Nordecon Betoon

What NOBE ehk Nordecon Betoon does

NOBE OÜ is an Estonian construction company founded in 2000 and operating under the Nordecon group, headquartered in Tallinn at Sepise 7, Alma Tominga House. The firm delivers full-service general contracting and concrete work across four core areas: building contracting and project management (residential, commercial, and industrial buildings), specialized concrete work (industrial installations, post-tensioned concrete, foundations, bridges, viaducts, tunnels, concrete tanks, and concrete floors), agricultural construction (barns, silos, manure tanks, biogas stations, with PRIA application advisory), and in-house design and consultation. NOBE is one of the few Estonian construction companies operating its own design unit, enabling integrated design-to-completion workflows. The firm employs 150 people, including 25 in its Finnish subsidiary NOBE Rakennus OY, and holds BVC-certified ISO 9001, ISO 14001, and ISO 45001 management systems.

The firm's revenue model is project-based, one-time contracting with quote-based pricing for custom construction work; there is no subscription or recurring revenue stream disclosed. Its go-to-market is sales-led direct engagement targeting enterprise and mid-market clients in Estonia and Finland, with channel coverage via direct sales teams and a wholly-owned regional entity in Finland. Customer segments are horizontal across commercial and residential construction, concrete work, agricultural construction, and design services, with art and culture commissions (notably international concrete sound sculptures) serving a brand-positioning role rather than a material revenue line. The firm has also launched a wind park construction service line, signaling an adjacent vertical expansion leveraging its concrete and foundation capabilities. Revenue figures, ownership percentages beyond Nordecon parent, and detailed financial metrics are not publicly disclosed.

Name

NOBE ehk Nordecon Betoon

Legal name

NOBE OÜ

Website

http://nobe.ee

Company type

Private

Founded year

2000

Operating status

Operating

Short description

NOBE OÜ is an Estonian construction company (founded 2000, part of the Nordecon group) delivering full-service general contracting, concrete work, agricultural construction, and in-house design to enterprise and mid-market clients in Estonia and Finland through its subsidiary NOBE Rakennus OY.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Nonresidential Building Construction (2362), Other Heavy and Civil Engineering Construction (237990)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Construction - Special Trade Contractors (1700)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Concrete construction
• General contracting
• Agricultural construction
• Building construction
• Construction design

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Building Contracting and Project Management: Main revenue stream from general contracting services building tailor-made residential and office buildings including production facilities, warehouses, office buildings, parking garages, manufacturing facilities, shopping centers, and apartment houses.
2. Concrete Work Services: Specialized concrete work services including industrial installations, post-tensioned concrete solutions, foundations, bridges, viaducts, tunnels, concrete tanks, and concrete floors.
3. Agricultural Construction: Full-service agricultural construction covering design through building construction, including advisory on PRIA application process and obtaining necessary approvals.
4. Design and Consultation: In-house design services including constructive design and project design, providing support for the entire construction process from design stage to completion.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

NOBE ehk Nordecon Betoon is an Estonian construction company that delivers building contracting services with a focus on concrete and reinforced concrete works. The company also provides general contracting, agricultural construction, and design and consultation services for construction projects, operating a subsidiary in Finland (NOBE Rakennus OY).

Product overview

NOBE is an Estonian construction company offering a comprehensive portfolio of construction services organized around four core offerings: Building Contracting and Project Management (main contractor services for residential, commercial, and industrial buildings), Concrete Work (specialized concrete construction including industrial installations, foundations, bridges, and concrete floors), Agricultural Construction (barns, silos, manure tanks, biogas stations with PRIA support), and Design and Consultation (in-house design unit providing constructive and project design). The company also undertakes art and cultural projects, primarily concrete sound sculptures that showcase their concrete expertise. All services are provided from design through construction completion, with operations in Estonia and Finland through subsidiary NOBE Rakennus OY.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting
• Concrete and Reinforced Concrete Works
• Agricultural Construction
• Design and Consultation Services

Quantifiable outcome

• 40% of technical engineering personnel started as trainees, demonstrating strong talent pipeline
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• PRIA (Põllumajanduse Registrite ja Informatsiooni Amet)coreOthersNOBE advises agricultural construction clients on PRIA (Agricultural Registers and Information Board) application process and obtaining necessary approvals for farm construction projects, enabling clients to access government support.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Fund Ehitus: Estonian general construction company offering building contracting and design services across residential, commercial, and industrial segments. Comparable to NOBE as a same-country direct peer in general building contracting with overlapping customer segments.
• Merko Ehitus: Leading Estonian construction group focused on general contracting of residential, commercial, and civil engineering projects in the Baltics. Directly comparable because it competes head-to-head with NOBE for general building and concrete construction contracts in Estonia.
• Kaamos Group: Estonian construction and real estate group focused on general contracting, residential development, and commercial building. Comparable as a direct Baltic peer competing with NOBE for similar building contracting and concrete work contracts in Estonia.
• Astlanda Ehitus: Estonian construction group active in building contracting, concrete works, and infrastructure development. Comparable to NOBE as a regional peer offering similar general contracting and concrete construction services in the same Baltic market.
• Betoonimeister: Estonian concrete construction specialist focused on foundations, reinforced concrete structures, and post-tensioned concrete solutions. Directly comparable to NOBE's concrete work business unit, competing for the same specialized concrete contracts in the Baltic market.

Broad incumbents

• Peab: Major Swedish construction and civil engineering group active across the Nordics in residential, commercial, and infrastructure. Comparable as a Nordic general contractor and concrete construction competitor relevant to NOBE's cross-border ambitions.
• Nordecon AS: Parent group and the largest Estonian construction company offering general contracting, infrastructure, and real estate development across Estonia and select international markets. Comparable because it operates across the same building and infrastructure categories that NOBE serves, with broader scale and public listing.
• YIT Corporation: Major Finnish and Nordic construction and real estate developer with housing, business premises, and infrastructure divisions. Directly comparable to NOBE's Finnish subsidiary ambitions and overlaps with NOBE's residential, commercial, and concrete construction offerings at much larger scale.
• Skanska: Global construction and development company with strong Nordic and Baltic presence in commercial buildings, residential, and civil infrastructure. Comparable as a broad incumbent competing with NOBE for nonresidential and complex concrete projects in the same regional markets.
• NCC: One of the leading Nordic construction and real estate companies operating across building, infrastructure, and industry in Sweden, Finland, Norway, and Denmark. Comparable as a broad Nordic incumbent whose Finnish operations directly overlap with NOBE Rakennus OY's addressable market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NOBEehitus
• LinkedInlinkedin.com/company/nordecon-betoon
• Instagraminstagram.com/nobeehitus

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NOBE ehk Nordecon Betoon