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  • Merko Tartu actively continues Pärna allee apartment development

    Merko Tartu has constructed eight apartment buildings on Pärna allee, with 220 flats sold and 16 still for sale. The company is continuing the development and construction of two other B energy class apartment buildings, which will see 60 flats completed by summer 2015. That will mark the completion of both the 10 building Pärna …

  • Merko maintained profitability in Q3 despite complicated market situation

    Merko Ehitus reported revenue of EUR 182.2 million for the first nine months of 2014 and EUR 68.5 million in the third quarter. Compared to the first nine months of 2013, revenue from general construction activities has increased by 43.3% and that from real estate development activities by 36.3%. The share of total revenue earned …

  • Merko to begin construction of Estonia’s largest office building in Ülemiste City

    Ülemiste City is launching the development of the largest office building in Estonia – a 44,000 square metre twin tower. Under the design and construction contract signed today in the value of EUR 17.4 million, Merko will erect the first building of the twin towers with an area of 22,000 square metres. The construction work …

  • Merko Ehitus and Tallinna Teede AS awarded with The Most Competitive Company award

    At the festive gala night of entrepreneurship competitions held on 9 October 2014 AS Merko Ehitus group was awarded with two prizes: AS Merko Ehitus is the Most Competitive Construction Enterprise and Tallinna Teede AS, part of the group, is the Most Competitive Small and Medium-sized Enterprise 2014.    According to Mait Palts, Director General …

  • Merko constructs modern 14-storey apartment buildings in Paepargi

    Merko has launched the fourth phase of the Paepargi apartment development and started the construction of the first of three buildings, located at Paepargi 49 and to be completed in late 2015. The 14-storey building has 60 flats, with two especially luxurious penthouse apartments on the top storey, featuring high ceilings, spacious terraces, a great …

  • Deluxe Noorus hotel featuring Estonia’s largest spa, to open in Narva-Jõesuu

    The luxurious Noorus Spa Hotel is set to open in Narva-Jõesuu today, offering hospitality services every bit the equal of its four-star rating. Located along Narva-Jõesuu’s legendary sandy beach, the hotel has 114 luxuriously furnished rooms, a conference hall, an a la carte restaurant seating 130 and Estonia’s largest spa complex with 14 saunas. AS …

  • Euromoney once again nominates Merko as the best real estate developer in Estonia

    The world’s leading business and investment magazine, Euromoney, acknowledged in its newest real estate market survey that AS Merko Ehitus is the best real estate developer in Estonia. Merko triumphed in all five categories, including overall, residential, industrial and leisure. Merko earned the best real estate developer recognition also in 2012. “The results of the …

  • Merko launched construction of five-storey apartment building in Kristiine district

    Merko started the construction of a modern five-storey apartment building at Rästa 18 in the Kristiine district of Tallinn. The construction is estimated to be completed by the end of 2015. The building has the same architectural solution as the adjacent Tedre 55 house that has now been sold. “The Kristiine district is highly prized …