All news

  • Uus-Karlowa development launched at site of Tartu’s former boiler house

    In cooperation with Giga, we are building an apartment building with three commercial units on the Turu 18 plot on the banks of the River Emajõgi in Tartu. The new development will be called Uus-Karlowa, after the district it is located in, and will eventually also include a hotel and an office building. In the …

  • Come to the drive-in exhibition!

    In collaboration with artists and city officials, a unique art exhibition has been opened underneath Tallinn’s Freedom Square. Besides walking through the venue in the conventional way, the sculptures can also be enjoyed from behind the wheel of a car. The “drive-in” exhibition developed in cooperation with the city of Tallinn is a Merko initiative. …

  • Merko Ehitus posts 2025 revenue of 311 million euros

    In the fourth quarter of 2025, Merko Ehitus generated revenue of EUR 69 million and net profit of EUR 3.2 million; for the full year, revenue was EUR 311 million and net profit EUR 39.9 million. In coordination with the supervisory board, the management board of Merko Ehitus proposes paying a dividend of 1.25 euros …

  • Second phase of construction of Õielehe residential district set to start

    As part of the second phase of the Õielehe residential district in the hamlet of Jüri outside Tallinn, we are building three apartment buildings set to be completed by spring 2027. Apartments in the first row house in the district also go on sale today. The buildings in Õielehe are compact, cosy and compatible with …

  • Merko receives title of Friend of Culture of the Year

    Yesterday, the Estonian Ministry of Culture handed over the Friend of Culture awards thanking companies and philanthropists for contributing to this field. The title of Friend of Culture for this year went to Merko, the Jaan Tõnisson Postimees Foundation and Tiit Pruuli. The title of culture organizer of the year went to the force behind …

  • Tartu national defence institutions’ complex gets cornerstone

    Yesterday, representatives from the Estonian Centre for Defence Investments, the Defence Resources Agency, Defence Forces and Merko laid the cornerstone for a new complex in Tartu where agencies in the Ministry of Defence’s area of government will be headquartered. I’m pleased that we have reached the next major step to move agencies in our jurisdiction …

  • Merko selects five new scholarship recipients

    Yesterday, a ceremony was held at the Tallinn University of Technology for handing over the Merko scholarships for 2025. The young researcher and teacher scholarship was awarded to  Villu Kukk and Merli Tamme, while the engineering scholarship went to Taavi Õispuu, Markus-Aleks Trofimov and Jon Silver Eerma. Merko has provided eponymous scholarships for 19 years. We recognize young Estonians …

  • Members of the Merko family receive state honours

    Yesterday, the top annual event in the construction field – the Ehitus 2025+ conference and award gala – was held at the Tallinn cruise ship terminal. Discussions at the conference concerned how to generate more value in the construction sector. Merko was represented by BIM and Design Manager Alan Väli and Head of the Quality Department …

  • Merko defends title as construction sector’s most desirable employer

    The CVKeskus.ee job site’s annual survey selected Merko as the most desirable employer in the construction sector for the second year in a row. CVKeskus.ee ranked the most appealing employers in Estonia for the 14th time. Over 6900 respondents in the 2025 survey picked companies from a list as the ones they would most like …

  • Merko constructing the Masing building at Ülemiste City

    On Friday, 28 November, we entered into a design-build contract with Mainor Ülemiste AS for the construction of a new office building at Ülemiste City. We will start erecting a structure with unique architecture named after the renowned botanist and ecologist Viktor Masing.  According to chairman of the Mainor Ülemiste board Sten Pärnits, Ülemiste City …