All news
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The title of Electrical Power Engineer of the Year goes to Merko
On 15 October, the Estonian Society for Electrical Power Engineering announced the best in the field last year. The title of Electrical Power Engineer of the Year was awarded to Steve Sulev, project manager at Merko’s electricity division, who was recognised for the successful planning and construction management of several important objects. In recent years, …
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We are building public water supply and sewerage systems in Saku and Jõelähtme rural municipalities
On 12 October, AS Merko Ehitus Eesti entered into an agreement for the renewal of public water supply and sewerage facilities in Saku rural municipality, and on 30 September, an agreement was signed for the creation of better conditions for public water supply and sewerage in Jõelähtme rural municipality.By July of next year, the Männiku …
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Merko Ehitus is once more the most competitive construction company in Estonia
AS Merko Ehitus has won the competition for the most competitive companies in Estonia in the category of construction companies for the fourteenth time. This year, a total of 1,418 Estonian companies participated in the competition, which has been organised by the Estonian Chamber of Commerce and Industry since 2003. “Winners of the competitiveness ranking …
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Renovation of Tallink City Hotel begins
AS Merko Ehitus Eesti signed a construction contract for the renovation of the Tallink City Hotel on Laikmaa Street in the centre of the Estonian capital city Tallinn. The hotel, which was converted by Merko in 2004 from a former service centre to Estonia’s second-largest hotel, is owned by Vara HTG OÜ, in which ownership is divided …
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Renovation of Nordic Hotel Forum set to begin
AS Merko Ehitus Eesti signed a construction contract for the renovation of a city centre hotel on Viru Square. The building, built by Merko in 2007, belongs to Kapitel Group-owned OÜ Veeilu and the hotel is operated by Nordic Hotels. It will re-open in spring 2021.All 267 hotel rooms and common areas will be refitted and the …
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Second-to-last wave of apartment buildings in Pikaliiva residential quarter now on sale
The sale of apartments in the buildings at Äkke 1 and Äkke 3 in Pikaliiva quarter has started. Two four-storey buildings with a total of 50 one- to four-room apartments will be ready by autumn 2021. The building at Äkke 1 is the last smaller building in Pikaliiva, and will have only 17 apartments. Pikaliiva …
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The objective of the Estonian Health Trails is to extend the healthy life expectancy of Estonians
A recent study by Kantar Emor, commissioned by the Estonian Health Trails Foundation, revealed that a third (34%) of the Estonian population has intentionally visited the nationwide network of health trails established over the past 15 years. In addition, almost a quarter (23%) of the respondents answered that they visited health trails occasionally but were …
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Merko Ehitus Q2 net profit grows to EUR 6.2 million
In Q2 of 2020, Merko Ehitus posted revenue of EUR 74 million and a net profit of EUR 6.2 million. The respective six month figures were EUR 130 million and EUR 8.2 million. In 6 months of 2020, Merko sold 369 apartments, and the 6-month revenue generated by the real estate development segment grew more …
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Construction of centre of excellence in cancer care starts
Today, on 10 July, we entered into a design-build contract with the North Estonia Medical Centre for the establishment of the third development phase of the Mustamäe medical complex. Over the next three years, the approximately 14,500 m2 Y-block of the Mustamäe hospital complex will be built, which will house a cancer care centre that …
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Merks will build the modern business centre VERDE in Riga
Merks has entered into a contract with SIA Hanzas 14, owned by Capitalica Baltic Real Estate Fund I, for the construction of business complex Verde in Skanste district, Riga. Verde business centre is to become one of the largest business centres in Riga with the total area of 45,000 m2, including the underground parking lot. …