All news
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We signed a record-volume Rail Baltica contract
On Friday, 16 May, the Rail Baltica project in Estonia passed a new milestone: contracts with two international consortia were signed for building two key segments of the mainline in Estonia. These are the largest infrastructure construction contracts in Estonian history. Merko is a participant in the alliance team that will build the Rail Baltica …
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Merko Ehitus posts Q1 revenue of EUR 85.2 million
Merko Ehitus posted revenue of EUR 85.2 million and net profit of EUR 10.5 million in Q1 2025. Real estate development accounted for 30% of the group’s Q1 revenue, having more than doubled in this category compared to the same period a year ago. “Merko’s Q1 results are characterised primarily by increased activity on the …
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Tallinn’s largest outdoor padel center to be established in Uus-Veerenni
Merko has entered into an agreement with Padelsquare to build outdoor padel courts in the Uus-Veerenni residential community being developed by Merko. Both residents and the general public can enjoy the first facility where padel can be played on four courts at the same time. Construction activity is busy at Pille 21 to make it …
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Merko picked as construction sector’s most desirable employer
The CV-Online job site CV.ee announced the results of its annual Top Employer survey: Merko is the most highly regarded employer in the construction sector. Top Tööandja (Top Employer) is Estonia’s biggest and most popular employer survey where respondents can vote for the company they would most like to work for. Merko came first in …
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Construction of new apartment building to get under way at Noblessner
In cooperation between Merko and BLRT, 10 apartment buildings have gone up over the years, with more than 500 homes. The latest project will be launched shortly on the Allveelaeva 2 plot. The next apartment building in the Noblessner complex will be completed at that address in early 2027. The building follows the architectural style …
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Three new barracks opened at Ämari Air Base
Three new living and work facilities have been completed at Ämari Air Base, which will accommodate conscripts and also include workspaces for active-duty personnel and utility and storage rooms. The barracks, with a total of about 15,000 m² of space, also improved hosting capacity for NATO forces. Design and construction work began in November 2023. …
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Construction of new building for Kullo centre begins
On 12 February, AS Merko Ehitus Eesti entered into a construction contract with the Tallinn Property Department for establishing a new complex for the Kullo Hobby School at Mustamäe tee 59 in Tallinn. The contract covers the demolition of the old building and establishment of a new four-storey structure with approximately 12,000 m² of net …
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Merko Ehitus posts revenue of EUR 539 million for 2024
Merko Ehitus posted revenue of EUR 160.4 million and net profit of EUR 19.9 million in Q4 of 2024. The respective figures for the entire year 2024 were EUR 539 million and EUR 64.7 million. Approximately 90% of revenue came from sales of construction services and 53% was earned in Lithuania. In coordination with the …
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Hampton by Hilton hotel opens
The Hampton by Hilton now open for business in Tallinn, on the corner of Tartu maantee and Jakobson streets, is the international chain’s first property in Estonia’s capital. Tallinn’s newest major hotel includes a homage to Estonia’s literary and historical heritage. “The brand-new 184-room hotel is mainly aimed at business travellers and families, and is …
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Four new recipients of scholarships from Merko
At the Tallinn University of Technology Development Fund’s 2024 scholarship competition, Merko scholarships were awarded to Martin Talvik, Kirke Männik, Marten Erik Johandi and Ranar Pügi. Merko has been handing out its eponymous scholarships since 2007. We recognize young people who have an open mind and ambition to achieve, and are very keen to see …