All news
-
Electrical construction business has joined Connecto
Pursuant to the agreement entered into at the beginning of June, Merko Ehitus Eesti AS acquired a stake in the company Connecto Eesti AS – the designer, builder and provider of maintenance for telecommunications, electricity, and gas networks. The permission of the Estonian Competition Authority required for the transaction to enter into force has been …
-
Tallink City Hotel underwent nearly 10 million euros worth of renovations
Renovations of the Tallink City Hotel, located in the heart of Tallinn, included a thorough facelift of all of the 324 rooms in the hotel, the lobby, the restaurant, the conference centre and other public areas. The owner of the hotel building, VARA HTG, owned in equal parts by Infortar and Kapitel, invested almost 10 million euros …
-
Recognition for construction of the Jäneda substation
Winner of the Elektrilevi Construction Object of the Year 2020 competition, in the category of regional and distribution substations, is the Jäneda substation. A completely new substation was built in Jäneda within the framework of the winning work, in which both Elering’s 110 kV part and Elektrilevi’s 10 kV part were completed. Elering ordered the …
-
We are entering the telecommunications and gas network business
AS Merko Ehitus Eesti is investing in the business of designing, building and maintaining telecommunications, electricity and gas networks, and is acquiring a 35% stake in Connecto Eesti AS. As part of the transaction, our electrical construction business line will merge with Connecto and work will continue under the Connecto brand. Thus far, Merko has …
-
Construction begins on second phase of south-eastern border infrastructure
Today, 25 May, the Police and Border Guard Board concluded a contract with AS Merko Ehitus Eesti and GRK Infra AS, which will begin carrying out the design and construction of the second stage of the south-eastern border infrastructure together. Construction on sections 4–6 of the south-eastern border of the Republic of Estonia include the …
-
New apartment buildings in the City Centre District – Odra
We are launching the Odra development project in the City Centre District of Tallinn, within the framework of which a three-part building complex – with a total of 114 new homes and seven commercial premises – will be completed at the beginning of 2023. The Odra development project (merko.ee/odra) is located on the corner of …
-
Construction of St John’s School building to start soon
Merko Ehitus Eesti and Püha Johannese Koolikoda signed a construction agreement for the construction of a new school building in Tallinn. Under the agreement, a school building with one above-ground and one underground floor will be built in Nõmme, at Kivimäe 25, which will become a new home for St John’s School. The new building for …
-
Merko Ehitus experiences increase in sales revenue and profit for Q1 2021
In Q1 2021, Merko Ehitus posted sales revenue of 60 million euros and net profit of 3.4 million euros, increasing by 7% and 67%, respectively, compared to the previous year. In three months, Merko sold 90 apartments and started construction of more than 560 apartments. The volume of the secured order book and new contracts …
-
Construction of the sixth apartment building in Lahekalda to begin
Merko is commencing the construction of the third stage of the Lahekalda apartment development project in Tallinn, within the framework of which one apartment building with 48 apartments will be completed at Paekalda 14 in the spring of 2022. The Lahekalda residential district (merko.ee/lahekalda) is located on the Maarjamäe limestone bank on the border of …
-
All Vesilennuki buildings go on sale
We announced the start of construction on the first buildings in the Vesilennuki project back in January and we are now launching the construction and sales in the next three buildings in Noblessner. The joint Merko and BLRT Group development project will see the completion of five apartment buildings in Noblessner port complex with a total of …