All news

  • Merko Ehitus’ half-year revenue totalled EUR 168 million

    Merko Ehitus generated revenue of EUR 83 million in the second quarter of 2025 and EUR 168 million in the first half of the year. Net profit for Q2 amounted to EUR 11.2 million, while net profit for the six-month period was EUR 21.7 million. The share of real estate development in revenue and profit increased …

  • Hyatt Place Hotel and Ankru office building completed

    Merko Ehitus Eesti has delivered a new hotel and office building on Sadama Street in Tallinn. As of Friday, the Baltics’ first hotel in the international Hyatt chain is open. In the autumn, a fine-dining establishment on the ground floor of Ankru office building will open its doors. The developers of the complex at Sadama …

  • New hotel and experience centre to be built in Pärnu

    On 28 July, AS Merko Ehitus Eesti entered into a design-build contract with Brackmann Arendus OÜ under which we will build a hotel and entertainment and conference centre at Ranna pst 7 and Ranna pst 9 in Pärnu – the beachfront of Estonia’s largest resort area. A new complex consisting of two buildings and a beach club …

  • Uus-Veerenni padel complex now open

    The Uus-Veerenni residential quarter that Merko has been developing and building now has an operational outdoor padel centre. A new artwork created by Heigo Jelle greets people arriving at Uus-Veerenni. The existing public areas here – a park, sculpture promenade and outdoor gym – have received additions that offers more enjoyable opportunities for exercise and food …

  • Estonian Ministry of Defence recognizes Merko as a supporter of national defence personnel

    On 16 June, the Ministry of Defence handed out awards to 517 companies and organizations in Estonia, with Merko highlighted among them. The ministry thanked Merko for its outstanding contribution to national defence by awarding the silver level of the decoration entitled “Supporter of National Defence Personnel”. It was the second year in a row …

  • Construction of new apartment building starts in Lahekalda development

    We launched Lahekalda in 2019, and since then, 10 buildings on the naturally scenic promontory in Maarjamäe ꟷ between the Kadriorg and Pirita districts of Tallinn ꟷ have been completed, along with recreational infrastructure meant for residents. By autumn 2016, the Paekalda 17 residential building will be completed, 55 apartments in which are now on …

  • Rail Baltica Ülemiste passenger terminal construction to start

    Under the terms of a construction contract concluded with Rail Baltic Estonia today, Merko is set to shortly start construction of Rail Baltica’s international passenger terminal. In future, the building, boasting a facade and roof design not seen elsewhere in Estonia, will be the northern gateway to the high-speed railway line leading to European cities. …

  • We signed a record-volume Rail Baltica contract

    On Friday, 16 May, the Rail Baltica project in Estonia passed a new milestone: contracts with two international consortia were signed for building two key segments of the mainline in Estonia. These are the largest infrastructure construction contracts in Estonian history. Merko is a participant in the alliance team that will build the Rail Baltica …

  • Merko Ehitus posts Q1 revenue of EUR 85.2 million

    Merko Ehitus posted revenue of EUR 85.2 million and net profit of EUR 10.5 million in Q1 2025. Real estate development accounted for 30% of the group’s Q1 revenue, having more than doubled in this category compared to the same period a year ago. “Merko’s Q1 results are characterised primarily by increased activity on the …

  • Tallinn’s largest outdoor padel center to be established in Uus-Veerenni

    Merko has entered into an agreement with Padelsquare to build outdoor padel courts in the Uus-Veerenni residential community being developed by Merko. Both residents and the general public can enjoy the first facility where padel can be played on four courts at the same time. Construction activity is busy at Pille 21 to make it …