You are currently on – AS Merko Ehitus page about the group.


The business strategy of AS Merko Ehitus subsidiaries is focussed on improving profitability and enhancing the efficiency of the cost base, offering general contracting services in the field of construction of buildings and infrastructure facilities and developing residential real estate in its main home markets Estonia, Latvia, Lithuania and Norway. Merko Ehitus aims to be a preferred partner to its clients for construction works.

Considering the competitive situation of the Baltic construction and real estate market and the overall low interest rate environment, as well as the group’s high equity base, the strategy and financial objectives are focused towards improving the return on invested capital and on increasing the efficiency of the balance sheet.

The long-term financial objectives of AS Merko Ehitus are:

  • return on equity (ROE) at least 10%
  • dividend rate 50-70% of annual profit
  • equity ratio at least 40%