Estonia

  • 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 …

  • Ministry of Defence silver pins for Merko staff

    Yesterday Minister of Defence Hanno Pevkur awarded decorations to individuals and organizations for outstanding contributions to Estonian national defence. Project managers  Taavi Kuusik and Viljar Paas won the Ministry’s silver chest pin for their management of the design and construction work on a key Estonian Defence Forces/Centre for Defence Investments site. In late 2024, the same …

  • Construction of Leedri residential district in Tartu Rural Municipality starts

    Merko has started the construction of a new residential development on the boundary of Tartu City and Tartu Rural Municipality in Raadi. Leedri, as the development is called, will have six apartment buildings with a total of 144 units. The first two apartment buildings will be completed in May 2027 and have the addresses Leedripuu …

  • Lahekalda is Tallinn’s most popular development project

    According to data from Citify*, Merko’s Lahekalda development tops the sales rankings for new homes – more families have bought a new home there than in any other new residential area in Tallinn. Merko continues to build residential buildings and services in Lahekalda, and this year, apartments in the building at Paekalda 15 went on sale. …

  • Survey reaffirms Merko’s status as renowned, prestigious developer

    Merko held on to its position as Estonia’s best-known and most reliable real estate developer in a survey of Estonian real estate brands conducted by market research firm Kantar Emor. In all the key indicators – renown, reputation index, home purchase plans offered – Merko was easily a frontrunner. Respondents give high marks to Merko’s …

  • Homes in Krulli Quarter built in cooperation with Merko

    Krulli Kvartal AS, the developer of Krull Quarter in North-Tallinn, and Merko Kodud OÜ have established the joint venture Krulli Kodud OÜ. The aim of the venture is to develop residential buildings for the project, the first of which will be completed in 2027. The collaboration gets off to a start with the construction of …

  • Tiit Joosti wins prestigious award in the field of road-building

    Yesterday, road construction and engineering awards named after engineer Aadu Lassi were given to engineering construction project director Tiit Joosti and the lifetime achievement award was bestowed on Siim Idnurm, who has worked in road construction for decades. Over his more than 25-year-long career, Tiit Joosti has managed to build diverse buildings at Merko and …

  • Merko Ehitus posts 9 months revenue of EUR 242 million

    Merko Ehitus generated revenue of EUR 74 million in the third quarter of 2025 and EUR 242 million in the first 9 months of the year. Net profit for Q3 amounted to EUR 15.0 million, while net profit for the 9-month period was EUR 36.7 million. At the end of the third quarter, the group’s …

  • Merko turns 35

    Today is Merko’s 35th birthday. We have done a lot of work over these years, built hundreds of buildings and infrastructure, established homes for thousands and supported many sponsorees for the benefit of Estonian society. Our team consists of diligent and talented colleagues and we plan to continue building the future with them. Merko’s work …

  • Merko selected as learner-friendly employer of the year

    Yesterday, a ceremony at Tallinn Town Hall honoured people and organizations who have made a noteworthy contribution to the advancement of adult education and lifelong learning. Merko won the title of “Learner-friendly employer of the year” – attesting that the company has created conditions conducive to its employees’ professional growth and lifelong learning. Awarded during …