All news
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The sale of apartments in Metsatuka’s second building has began
We are currently constructing the Metsatuka residential complex consisting of three apartment buildings in Nõmme, where a total of 130 homes will be completed by the beginning of 2023. From today, apartments can be bought in the Teelise 8 apartment building, the second to be constructed. Metsatuka apartment buildings (merko.ee/metsatuka) are located in Nõmme near the …
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Merko Ehitus recognised as the most competitive construction company in Estonia for the fifteenth time
For the fifteenth time, AS Merko Ehitus has been declared the most competitive company in Estonia in the category of construction companies. This year, a total of 1,618 Estonian companies participated in the competition organised by the Estonian Chamber of Commerce and Industry. The aim of the Estonian Companies’ Competitiveness Ranking is to facilitate the …
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Allveelaeva residential building construction launches in Noblessner
We are launching construction of a new apartment building called Allveelaeva House, which will be erected next to the Vesilennuki apartment houses now under construction. As part of the joint development by Merko and BLRT Group, the Allveelaeva House, which has the logic of a circular building, will boast 148 apartments and 11 business units. …
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Fifth phase of Uus-Veerenni launches
In early 2023, the largest residential quarter in Tallinn city centre will gain an additional 12 apartment buildings with 137 apartments and 8 storefronts. We will add a third interior courtyard to the existing two interior courtyards on the Veerenni Street side of the Uus-Veerenni development (merko.ee/veerenni) and build four six-storey buildings, two four-storey buildings …
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Merko opens Erminurme Park in the vicinity of Tartu’s Raadi airfield
We have completed construction on Erminurme Park and handed over the 7,000 m2 illuminated area to Tartu Rural Municipality. It marks a new use for a historical bunker at a site that was a military airfield more than 30 years ago. The attractions for children of various ages and a recreational area for grown-ups are …
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Merko seen by tech students as the most attractive employer
The employer branding agency Instar conducted its annual job expectations and employer reputation survey, gauging the attractiveness of 242 Estonian organizations among 9,000 students at institutions of higher education and vocational schools and people with work experience. Merko was placed first in the sectoral ranking compiled on the basis of the preferences of technical students. …
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Kapitel and Merko signed an agreement for the construction of the Elemental Skanste office buildings
Kapitel and Merko/Merks signed a nearly EUR 49 million contract for the construction of the Elemental Skanste office buildings in the Skanste district of Riga. Two interconnected 10-storey buildings will be completed in the spring of 2023. Kapitel’s total investment in the development of the office building is approximately 60 million euros. “Elemental Skanste project …
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Merko Ehitus revenue and net profit up for both Q2 and H1
Q2 revenue for Merko Ehitus was EUR 86 million and net profit was EUR 6.4 million. The revenue for H1 grew by 12% to EUR 146 million and net profit by 19% to EUR 9.8 million. This year, Merko has sold 150 apartments and launched the construction of more than 800 apartments. “The construction sector …
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The Nordic Hotel Forum opens to visitors in August
Nordic Hotel Forum, a four-star hotel in the city centre of Tallinn, has made an investment in the amount of 12.5 million euros. Kapitel, the owner of the building and Nordic Hotels, the operator of the hotel commissioned Merko to renovate the entire building and make it the most corona-proof hotel in the country. According …
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Third phase of the Erminurme development launched
Along with the three buildings being erected on the boundary of Tartu municipality and city, the next trio of buildings – the third phase – is now going ahead. The homes in Erminurme (merko.ee/erminurme) are located near a museum considered to be Europe’s biggest and most modern, the Estonian National Museum and the adjacent Raadi …