Estonia
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Öpik commercial building awarded second place at Most Sustainable Building competition
On May 10, the sustainable and energy-efficient real estate and energy cluster, i.e. the KEN Cluster, announced at its annual conference the winners of the competition “The Most Sustainable Building in Estonia in 2018”. The B-building of the commercial building named after Öpik and built by Merko won the second place at the competition. The …
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The winner of the grand award of Merko’s best partner recognition campaign, SA.MET, received its brand-new Toyota Hilux
Merko’s cooperation with AS SA.MET, a company building technical utility systems inside buildings, extends to nearly 15 years. In the course of this, the art museum KUMU, Tondiraba Ice Hall, hotels Tallink, Tallink SPA and Hilton Tallinn Park and several office and apartment buildings have been completed. In 2017, SA.MET was chosen as the best …
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Merko and Kapitel continue as Tennis Association gold sponsors
The Estonian Tennis Association extended its cooperation agreement with the two gold sponsors, Merko Ehitus and Kapitel (formerly known as E.L.L. Kinnisvara) for three more years. Merko is focusing on support for Estonian pro tennis and international tournaments, while Kapitel is supporting the youth team members. “Estonian tennis is in the best possible shape, both …
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Construction volumes’ growth of Merko Ehitus in Q1 of 2018 on par with expectations
Sales revenue of Merko Ehitus in Q1 of 2018 grew to EUR 80.3 million, bolstered by the pre-existing portfolio of construction contracts. The group’s net profit was EUR 1.1 million. In the first quarter, Merko companies signed new construction contracts worth EUR 22 million and the secured order book stood at EUR 292 million. “Considering …
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AS Merko Ehitus Eesti is the full member of the Digital Construction Cluster
AS Merko Ehitus Eesti is the full member of the Digital Construction Cluster from 15 March 2018. The Digital Construction Cluster aims to shift paradigms inside the construction sector, placing significant emphasis on altering business customs and models. The cluster wants to create a construction environment, where collaboration between various parties is valued highly and …
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Merko starts construction of new apartment buildings in the center of Tartu
Under the name of Tähepargi Homes a total of seven new apartment buildings will be erected between the Tähe, Pargi and Päeva streets of downtown Tartu. The sale of apartments in the first houses of the new quarter at Pargi 19 and Öö 3 began today. Construction of Tähepargi Homes will begin in March 2018. …
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Merko is building new villa-style apartment buildings by the sea in Tallinn
Three new 5-story residential buildings will be erected in Kalamaja under the name Rand city villas at Suur-Patarei 20, and the former building will be reconstructed into a courtyard house with of cultural and environmental value. The luxurious seaside buildings will have a total of 31 apartments and 6 commercial spaces. Rand city villas are …
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Merko Ehitus 2017 revenue exceeded EUR 300 million, proposing to pay 1 euro in dividends per share
The revenue figures of Merko Ehitus for both Q4 of 2017 and the entire 12-month period of that year outstripped the totals for the same periods of the previous year by more than a quarter – Q4 sales revenue was EUR 102.8 million and the 12-month figure EUR 317.6 million. The last time sales revenue …
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Viimsi State Gymnasium to be completed in autumn has its cornerstone
Today, the Minister of Education and Research Mailis Reps, the Chairman of the Management Board of Riigi Kinnisvara AS Kati Kusmin, the Member of the Management Board of Merko Ehitus Eesti Jaan Mäe, the Rural Municipality Mayor of Viimsi Siim Kallas and the Head of School of Viimsi State Gymnasium Karmen Paul laid the first …
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Digital Building of the Year 2017 is Telekom office building
The Ministry of Economic Affairs and Communications awarded at the 2017 construction projects competition the Digital Building of the Year Award to the Telekom Office in Mustamäe, Tallinn. The building was designed and constructed by AS Merko Ehitus Eesti, the architectural solution was created by PIN Arhitektid. Jüri Rass, Deputy Secretary General for Construction at …