All news

  • Arter Quarter opens

    Arter Quarter has opened in the city centre of Tallinn, featuring 44,000 square meters of tenant space. After almost four years of construction, 3,000 people will be working at Arter. Companies are now moving into the 15-storey office building in Arter and the Bob W aparthotel is open for business in the nine-story building. Work …

  • Merko is the best-known and most trusted real estate developer

    We successfully defended our title of Estonia’s most renowned and prestigious real estate development company for a sixth year in a row – 2019, 2020, 2021, 2022, 2023 and 2024, the annual survey conducted by Kantar Emor revealed. Kantar Emor’s new real estate survey shows that Merko continues to be the best-known Estonian real estate …

  • Merko tops construction companies rankings

    Merko Ehitus Eesti crowns the Äripäev business daily’s rankings of the top 100 construction companies in 2024. To compile the rankings, Äripäev pulled data for the companies with the highest turnover based on their results for the previous year as recorded in the Commercial Register. The CEO of Merko Ehitus Eesti, Jaan Mäe, said that …

  • Cornerstone laid for the new office building of Tallinna Teede AS

    Tallinn Teede AS, a road construction company, is building a new, modern office at Betooni 24, replacing its existing building complex. The company will recycle a large part of the material from the demolition of the old buildings. The three-storey office building, which will be completed in the second half of 2025, received its cornerstone …

  • Rae State High School is timber building of the year for 2024

    The Rae State High School built by Merko has won the main prize at the best timber building competition organized by the Estonian Forest & Wood Industries Association and will bear the title of timber building of the year for 2024. Chair of the judging panel, architect Mari Rass, said the pervading focus of the …

  • Merko Ehitus posts EUR 379 million revenue for the first 9 months of 2024

    Merko Ehitus posted revenue of EUR 379 million and a net profit of EUR 44.8 million for the first nine months of the current year. Third quarter revenue was EUR 175 million and net profit was EUR 27.3 million. Sales of construction services made up about 90% of the 9-month revenue. “We have accelerated the …

  • We are building the Tartu Defence House

    On 6 November, AS Merko Ehitus Eesti entered into a design-build contract with the State Defence Investments Centre for building the so-called national defence house at the Defence Forces’ Raadi base in Tartu. The projected net area of the building is 5,200 square metres and it is home to units and institutions in the Estonian …

  • Merko Ehitus is again the most competitive construction company in Estonia

    On 2 November, the most competitive companies in Estonia in 2024 were announced. In the field of construction, AS Merko Ehitus was named the most competitive company for the eighteenth time. The Estonian Chamber of Commerce and Industry has compiled the Estonian Companies’ Competitiveness Ranking since 2003. Within the framework of the competition, the general …

  • City Plaza 2 office building starts going up

    On 5 September, Merko Ehitus Eesti entered into a design and construction contract with Estconde Invest OÜ for building an office building on the Tartu mnt 1 plot at the corner of Gonsiori and A. Laikmaa streets in Tallinn. A 101-metre-high building with 28 aboveground storeys and two underground levels will be erected on the …

  • Merko continues to be most valued employer among technology students

    At an event held on 4 September, Merko successfully retained its title of most attractive employer among technology students. The employer branding agency Instar conducted the Estonia-wide survey of job expectations and employer reputation for the 15th time. The goal was to determine employees’ expectations and the organisations they would most like to work for. …