About Merko

A strong construction and real estate company
in the Baltic region

Merko Ehitus is a construction and real estate group listed on the NASDAQ Tallinn Stock Exchange. Its subsidiaries are
AS Merko Ehitus Eesti, OÜ Merko Kodud and Tallinna Teede AS in Estonia, Merko Būve and SIA Merks Mājas in Latvia,
UAB Merko Statyba and UAB Merko Būstas in Lithuania and Peritus Entreprenør AS in Norway.

Preferred choice for those who value quality

The group companies construct buildings and infrastructure and develop real estate. As a general contractor, we offer consulting and complete solutions tailored to the customer’s needs: preparation, design, construction, furnishing and warranty services. We have the flexibility to implement projects of different sizes and the ability to solve complex challenges.

Homes for over 10,000 families

The group’s strategic line of business is the development of residential real estate, where we have become one of the strongest brands in the Baltics. We focus on creating large, modern living environments. To ensure top quality, we manage the entire development process from planning and design to construction and sales and the final warranty service. In 30 years, we have built quality homes for more than 10,000 families, with hundreds of new apartments in construction and developments in Tallinn, Tartu, Riga and Vilnius.

Attractive long term investment

Our goal is to be the preferred choice for customers and partners that value quality. The group’s business strategy focuses on profitability and cost base efficiency. The company’s long-term financial targets include a minimum return on equity of 10%, a dividend rate of 50–70% of annual profits and an equity to asset ratio of at least 40%.

Caring and development oriented employer

The group companies employ nearly 700 people in Estonia, Latvia, Lithuania and Norway, including office staff, project managers and site teams. Experienced professionals in their field are a key value of the company, and our goal is to be a caring and developing employer.

We shape the future and value our heritage

We take responsibility for our decisions and the actions that affect our employees, customers and partners, as well as local communities, the environment and society at large. Our social contributions are focussed on long-term support projects: we create opportunities for recreational sports, enhance urban space, encourage education and future generations, preserve culture and artistic heritage, and help those in need.

  • 04.03.2024

    Construction of second-to-last phase of Erminurme in Tartu is launched

  • 08.02.2024

    Merko Ehitus saw both revenue and net profit increase in 2023

  • 30.01.2024

    Construction of Õielehe residential development gets under way in Jüri

All newsMerko's history
  • 04.03.2024

    Construction of second-to-last phase of Erminurme in Tartu is launched

  • 08.02.2024

    Merko Ehitus saw both revenue and net profit increase in 2023

  • 30.01.2024

    Construction of Õielehe residential development gets under way in Jüri

All newsMerko's history
  • 08.02.2024

    Merko Ehitus saw both revenue and net profit increase in 2023

  • 02.11.2023

    Merko Ehitus 9-month revenue grows to EUR 340 million and net profit to EUR 32 million

  • 28.08.2023

    Merks Majas and Merks projects received high recognition in Latvia

All newsMerko's history
  • 08.02.2024

    Merko Ehitus saw both revenue and net profit increase in 2023

  • 02.11.2023

    Merko Ehitus 9-month revenue grows to EUR 340 million and net profit to EUR 32 million

  • 03.08.2023

    Merko Ehitus revenue for H1 grows to EUR 217 million and net profit to EUR 19.4 million

All newsMerko's history