Estonia

  • Merko Ehitus posts Q2 2026 revenue of 93 million euros

    Merko Ehitus generated revenue of EUR 93 million in the second quarter of 2026 and EUR 150 million in the first half of the year. Net profit amounted to EUR 8.5 million for the second quarter and EUR 12.8 million for the first six months of 2026. As of the end of the first half …

  • Renovation of the Old Town Music House

    Today, walking along Uus Street, you can see an old and weathered building at Uus 16/1 — but in a year’s time, the music building of the Old Town Educational College will have been fully renovated. Merko is responsible for managing both the design and construction work involved in renovating the building, which was built …

  • Construction continues at Lahekalda

    A 50-apartment residential building will be completed at Paekalda 13 in autumn 2027. Apartment sales will begin in September. For now, interested buyers can register their interest to receive sales information before the public launch. Construction at Lahekalda began in 2019. To date, six five-storey residential buildings have been completed in the centre of the …

  • Merko becomes a gold national defence supporter

    At a ceremony held yesterday, the Ministry of Defence thanked 527 Estonian companies and organizations by bestowing the Supporter of National Defence decoration. The employers who received the award have taken steps to support the participation of their employees in reservist training, allowing them to retain their income during the training and support Estonia’s national …

  • Kasvuhoone construction set to start at Krulli

    Construction of a business hub called Kasvuhoone (literal translation: “the Growth House”) is about to get under way in the Krulli Quarter. Conceived as the centrepiece of the North Tallinn city district’s newest complex, it will be completed by the second quarter of 2028 at Volta 1f. Under the construction contract inked on Friday, 29 …

  • Merko Ehitus posts Q1 2026 revenue of 57 million euros

    Merko Ehitus generated revenue of EUR 57 million in the first quarter of 2026, with a net profit of EUR 4.3 million. As of the end of the first quarter, the company’s secured order-book reached an all-time high of EUR 826 million. “The first-quarter results were in line with expectations. By mid-2025, we had completed …

  • Winning design picked for Tuisumetsa development in Tallinn’s Kristiine district

    An architecture competition held to elicit the best architectural urban space concept for Merko’s properties in the Järve community of Tallinn was won by Pluss Arhitektid. The new residential development in the city’s Kristiine district will be called Tuisumetsa. The invitational architecture competition held by Merko aimed to find the best solution for establishing a …

  • Construction of terraced houses begins at Õielehe

    Development of the Õielehe project continues apace in the hamlet of Jüri in Rae Municipality. Three apartment buildings are under construction in the second phase of Õielehe, and now the first terraced house construction is also under way. The apartment buildings with 33 units and the terraced houses with five units each will be finished …

  • Niguliste Museum receives piano donated by Merko

    Through support from Merko, the Niguliste Museum has been endowed with a concert piano. The parlour grand was inaugurated with a concert by the young Estonian pianist Tähe-Lee Liiv on 13 March. Merko is a longtime supporter of art and culture, and has close ties with the Art Museum of Estonia, above its Niguliste Museum …