All news

  • Merko: Q1 results are in line with expectations in today’s market situation

    Quarterly sales revenue for Merko Ehitus was EUR 45.6 million and net profit EUR 0.8 million. In the first quarter, approximately 42% of sales revenue was earned outside Estonia; the percentage of revenue from Latvian sales reached 37% of the group’s total. The share of the real estate development sector rose to 24% of the …

  • Paepargi apartment development project start of a new phase

    Merko has started the fifth phase of the Paepargi development project at Lasnamäe district in Tallinn. The new phase includes three 4-storey apartment buildings. In April 2015, Merko will start the construction of the first two buildings, located at Paepargi 31 and 33, which are to be completed in spring 2016. The fifth phase of …

  • Resolutions of the annual general meeting of AS Merko Ehitus

    The general meeting of shareholders of AS Merko Ehitus, held on April 29 2015, decided to approve the annual report of the year 2014, pay the shareholders as dividends EUR 0.41 per share, reduce the share capital by EUR 0.23 per share, and appoint AS PricewaterhouseCoopers the auditor of AS Merko Ehitus for the financial …

  • Arhitektuuribüroo Pluss picked as architect of the Noblessner residential district being developed by BLRT and Merko

    The architectural design office Arhitektuuribüroo Pluss and their entry entitled “Kodusadam” (Home Port) won the international restricted architecture competition organized by BLRT and Merko for developing an architectural solution to the Noblessner residential quarter. The Noblessner quarter, an historically prestigious area that keeps on developing, will be the site of a unique apartment development that …

  • Tondiraba Ice Arena wins Concrete Building of the Year title

    The Estonian Concrete Association has picked the Tondiraba Ice Arena as its building of the year for 2014. The judges’ panel said it was an architecturally simple and attractive as well as technically complicated building, built in smooth and constructive cooperation, and that the ice arena stands out in terms of making multifaceted use of …

  • Merko Ehitus achieved the third place at The Best Investor Relations in the Baltic

    The best investor relations practices among Nasdaq Baltic listed companies in 2014 were recognized and the winners of the 9th annual Baltic Market Awards (BMA) were honored on 22nd January. The winners in the main category “The Best Investor Relations in the Baltic” were Tallinna Vesi, TEO LT and Merko Ehitus. In addition, Merko Ehitus …

  • The Builder of the Year 2014 is Ahto Aruväli, Project Manager of AS Merko Ehitus Eesti

    Estonian Association of Construction Entrepreneurs awarded Ahto Aruväli, the Project Manager of AS Merko Ehitus Eesti with the Builder of the Year 2014 award for the construction of Tondiraba Ice Arena. “The construction of Tondiraba Ice Rink features splendid management of the site team by Ahto Aruväli. Aruväli’s professional project management ensured that the aesthetically …

  • New Maxima XX supermarket to be opened in Lasnamäe district on Thursday

    Thursday, December 11th will see the opening of a new Maxima XX supermarket in the Paepargi residential community in Tallinn’s Lasnamäe district – a store with 1,715 square metres of retail space that will create about 100 new jobs. Maxima Estonia’s managing director Vaidotas Pacesa notes the new supermarket is in a very convenient location …