All news

  • Launch of the fourth phase of Uus-Veerenni

    The largest new development in the Tallinn city centre, Uus-Veerenni, will be completed in late 2022 with three apartment buildings containing 84 apartments. The five-storey buildings to be built at Tiiu 12 (merko.ee/veerenni-park) will have one- to four-room apartments with 32 to 96 square metres of floorspace. The buildings are energy class B, and around …

  • Renovation of Järvakandi substation starts

    Merko Infra and Elering concluded an agreement today for the renovation of the Järvakandi 110 kilovolt substation. Under the contract, a new switchyard with two sections and 110 kilovolt voltage will be built on the Järvakandi substation territory, along with control, auxiliary and control system, two existing overhead lines and two power transformers will be …

  • New apartment buildings in Nõmme

    We are launching the Metsatuka development in the Nõmme district of Tallinn, which will see a total of 130 homes built by early 2023. The sale of apartments will begin soon. The Metsatuka development (merko.ee/metsatuka) is located in the vicinity of Pääsküla bog and forests. The two to four room apartments located in B energy …

  • 2020 net profit for Merko Ehitus grows to EUR 23 million

    Merko Ehitus posted revenue of approximately EUR 106 million for Q4 2020, while total revenue for the whole year was EUR 316 million. The group’s Q4 2020 net profit was EUR 10 million and its annual net profit grew over 40%, amounting to EUR 23 million. In coordination with the supervisory board, the group’s management …

  • Second stage of Erminurme development to be launched soon

    Construction of the second stage of the Erminurme development on the border of Tartu Rural Municipality and the City of Tartu will start soon. The apartments will be available for purchase in the near future. The Erminurme homes are located near the Raadi Manor complex and the Estonian National Museum, which is considered to be …

  • Kapitel and Merko signed a contract to start the construction of the Liivalaia Quarter

    Kapitel and Merko signed a contract for the underground construction works (including the external pipelines) of the Liivalaia business and residential quarter. Project developer Kapitel plans to complete the quarter with a rental space of 36,000 sq m in mid-2024. The quarter consists of three connected buildings, including Estonia’s tallest office building. Kapitel’s total investment …

  • Toomas Annus, Merko and Kapitel will stop sponsoring competitive sports in Estonia

    The article “New materials in the Alaver file:  Tammjärv and Annus were more involved” published on the err.ee news portal on 27 January 2021 and the “Pealtnägija” television programme on the same date claim that “additionally disclosed parts of Mati Alaver’s file show that athlete Karel Tammjärv and major sponsor Toomas Annus were much more …

  • Merko is the best employer among construction and real estate companies

    Merko was ranked 7th in the CV-Online/CV.ee Top Employer survey in “the best employer in the production sector” category. We are the only construction and real estate company in the top ten production companies. The annual survey recognises the best employers in Estonia and was conducted in Nov 2020-Jan 2021. A total of 3,222 people …

  • New homes and storefronts in Noblessner

    BLRT Group and Merko are launching a new real estate development in the Noblessner port complex, consisting of five apartment buildings with 161 apartments and 14 units for business. The first to be completed, in early 2023, will be two apartment buildings at the addresses Vesilennuki 18/1 and Vesilennuki 18/2, containing a total 60 apartments and …

  • New apartment building in the centre of Nõmme

    We are launching an exclusive development project next to the central square in Nõmme, during the course of which an elegant apartment building with commercial premises will be completed next summer. The sale of apartments and commercial premises will start soon. The Nõmme 328 residential development project (merko.ee/nomme328) includes the reconstruction of the five-storey historical …