All news
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Merko starts construction of new apartment buildings in the center of Tartu
Under the name of Tähepargi Homes a total of seven new apartment buildings will be erected between the Tähe, Pargi and Päeva streets of downtown Tartu. The sale of apartments in the first houses of the new quarter at Pargi 19 and Öö 3 began today. Construction of Tähepargi Homes will begin in March 2018. …
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First three buildings of “Gaiļezera nami” have been commissioned for operation
First three nine-storey buildings of the project “Gaiļezera nami”, accommodating 95 apartments in total and developed by the construction company “Merks”, have been commissioned for operation. The project includes 2-4 room apartments with the area ranging from 60-100m²; the total area occupies 5,996 m². Facilitated territory spreads over 7,766 m², featuring children playgrounds, pathway along …
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Merko is building new villa-style apartment buildings by the sea in Tallinn
Three new 5-story residential buildings will be erected in Kalamaja under the name Rand city villas at Suur-Patarei 20, and the former building will be reconstructed into a courtyard house with of cultural and environmental value. The luxurious seaside buildings will have a total of 31 apartments and 6 commercial spaces. Rand city villas are …
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Merko Ehitus 2017 revenue exceeded EUR 300 million, proposing to pay 1 euro in dividends per share
The revenue figures of Merko Ehitus for both Q4 of 2017 and the entire 12-month period of that year outstripped the totals for the same periods of the previous year by more than a quarter – Q4 sales revenue was EUR 102.8 million and the 12-month figure EUR 317.6 million. The last time sales revenue …
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Viimsi State Gymnasium to be completed in autumn has its cornerstone
Today, the Minister of Education and Research Mailis Reps, the Chairman of the Management Board of Riigi Kinnisvara AS Kati Kusmin, the Member of the Management Board of Merko Ehitus Eesti Jaan Mäe, the Rural Municipality Mayor of Viimsi Siim Kallas and the Head of School of Viimsi State Gymnasium Karmen Paul laid the first …
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Digital Building of the Year 2017 is Telekom office building
The Ministry of Economic Affairs and Communications awarded at the 2017 construction projects competition the Digital Building of the Year Award to the Telekom Office in Mustamäe, Tallinn. The building was designed and constructed by AS Merko Ehitus Eesti, the architectural solution was created by PIN Arhitektid. Jüri Rass, Deputy Secretary General for Construction at …
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A partner who wins the right to drive Toyota Hilux has been found out
The construction company “Merks” highly appreciates the work quality of its business partners. In order to acknowledge their professionalism, every quarter of the year “Merks” chose the best co-operation partners, which took part in the lottery to win the use of the car Toyota Hilux or Toyota Proace for two years. “The criteria that were …
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The construction of Decco Centrs has been completed
The construction of the first and largest stage of “Decco Centrs” complex is now completed. The complex is located at Katlakalna street 6d in Riga, and the main design and construction work was carried out by “Merks”, Ltd. The complex of buildings, which combines department stores with individual entrances, offices and warehouses, covers 13,500 square …
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Merko Ehitus Q3 and 9-month revenue up by one-quarter
Merko Ehitus’s revenue for both Q3 of 2017 and the first 9 months of the year grew by close to one-quarter – Q3 revenue was EUR 86 million and 9-month revenue was EUR 214.8 million. The group’s net profit in Q3 was EUR 3.4 million and the 9-month figure was EUR 6.6 million. During the …
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Merko awards brand-new Toyota Hilux to its best cooperation partner
Some 180 companies took part in the Estonian part of a partner recognition campaign held by Merko Ehitus in Estonia, Latvia and Lithuania. The grand prize, a two-year lease on a brand-new Toyota Hilux, was awarded to AS SA.MET, a company that performs construction on technical utility systems within buildings. Merko’s design development teams selected …