All news

  • 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. …

  • 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 …

  • 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 …

  • 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. …

  • 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 …

  • 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 …

  • 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 …

  • 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 …