Estonia

  • Merko Ehitus recognised as the most competitive construction company in Estonia for the seventeenth time

    For the seventeenth time, AS Merko Ehitus has been declared the most competitive company in Estonia in the category of construction companies. The aim of the Estonian Companies’ Competitiveness Ranking is to facilitate the improvement of competitiveness of Estonian companies and thereby promote faster development of the Estonian economy. The ranking highlights the most successful …

  • Pelgulinna State gymnasium is the Best Wooden Building of the Year 2023

    The Merko-built Tallinn Pelgulinna State gymnasium has won the main award and the popular favourite title at the best wooden building 2023 competition organized by the Estonian Forest and Wood Industries Association. According to Kaja Pae, member of the jury panel and head of the Ministry of Climate’s construction and living environment department, this is the biggest …

  • Innovative nursery school opens in Uus-Veerenni

    A new branch of Kalli-kalli nursery school opened in the Uus-Veerenni neighbourhood developed and built by Merko. The long-awaited new addition to the city centre early childhood education landscape has nine classes and serves about 150 children. Meant mainly for Uus-Veerenni residents but with limited availability for others, the nursery school is on Tiiu Street …

  • Merko is the most preferred employer for technology students

    Instar employer branding agency conducts its survey once a year to determine what university and vocational school students are expecting from an employer and which ones in Estonia are perceived as the most appealing. We are Estonia’s most attractive employer among technology students. This year was the 14th year that Instar has announced its most attractive …

  • We are building a logistics centre for Tallinna Kaubamaja Grupp

    AS Merko Ehitus Eesti concluded a construction contract with TKM Kinnisvara of the Tallinna Kaubamaja Group to build a logistics centre in Maardu. The centre will be located at Paemurru 1 and will handle the cargo volumes of the Tallinna Kaubamaja Group companies. The total area of the centre will be 17,200 square metres and …

  • Construction to begin on two new hotels in Tallinn

    An elegant Hampton by Hilton hotel will be completed in the onetime location of the Eha cinema (Tartu mnt 49) by late 2024 and the first Hyatt Place hotel in the Baltics will start being built in late 2025 at Sadama 4. The first steps to build the Hampton by Hilton were taken in early 2020, but …

  • Merko Ehitus revenue and net profit sees growth in Q1 of 2023

    Q1 2023 revenue for Merko Ehitus was EUR 76 million, representing 11% growth compared to the same period a year ago. Net profit for the first quarter was EUR 5.9 million – nearly double that of Q1 2022. Merko delivered 145 apartments to new homeowners in Q1. “Despite the good profit growth in Q1, we …