All news
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Merko engineering scholarship awarded to Alan Väli, young scientist scholarship to Andrus Räämet
The recipients of the scholarships awarded in cooperation between Merko Ehitus Eesti and the Tallinn University of Technology (TUT) Development Fund have been announced. The 1,920-euro engineering scholarship went to construction economics and management student Alan Väli and the 3,200-euro young scientist scholarship was given to Andrus Räämet, Ph.D. in civil and environmental engineering. “Selection …
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Merko Ehitus annual net profit grows 36%, proposal to pay dividends of EUR 0.41 per share
Merko Ehitus’s revenue in 2013 was EUR 262.7 million and net profit was EUR 10.4 million, representing an increase of 5.5% and 36.3%, respectively, compared with the same period in the previous year. The management board proposes to pay dividends of EUR 7.26 million – i.e. EUR 0.41 per share – which results in a …
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Merko builds two apartment buildings incorporating smart-house concepts
Merko has launched construction of two apartment buildings with a warm and cosy ambience at Vana-Kalamaja 31/Suur-Laagri 2. Featuring personality galore and a smart-house concept, they will be ready for move-in this autumn. “As a neighbourhood, Kalamaja is held in high regard by home buyers, and we’ve planned two cosy apartment buildings featuring the architecture …
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Merko launches third stage of Paepargi apartment development
Merko has started construction of the third stage of the Paepargi residential development: by year’s end, three apartment buildings will be completed, with a total of 54 apartments. Interest has been high toward the first two stages and 108 apartments have been sold in the existing six buildings. “Interest in the Paepargi apartments has been …
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Logistika Pluss to open Merko-constructed modern and energy-efficient Nurmevälja logistics centre
Today one of the largest warehouse operators in Estonia, Logistika Pluss, will open the new modern Nurmevälja logistics centre, which will allow trade volumes to be increased and, thanks to warehouses that meet specific conditions, offer new services. The logistical centre, with 23,000 square-metres of gross floor space, will produce part of its energy from …
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Merko completes much-anticipated Peetri Selver construction work
After a short period of construction, Merko Ehitus Eesti completed work on the Peetri Selver centre and the supermarket, eagerly awaited by local residents, opened today. “As the construction work was planned for a very short period, it was especially important that each work segment be completed on time so that an individual subcontract would …
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Merko Ehitus revenue and profit growth continue in Q3
Merko Ehitus’s revenue in the third quarter was EUR 84.1 million and nine-month revenue EUR 197.8 million, representing an increase of 19% and 11%, respectively, compared with the same period in the previous year. The company’s net profit in the third quarter was EUR 3.9 million and the corresponding nine-month result amounted to EUR 7.9 …
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Merko-led consortium completes Ülemiste junction ahead of deadline
Tomorrow, one of Estonia’s most complex integrated infrastructure projects, the Ülemiste traffic junction, will be opened for traffic. A consortium led by Merko delivered the project ahead of the deadline. The junction consists of a 680-metre-long tunnel for automotive traffic, three tunnels for cyclist and pedestrian use, and a 150-metre overpass. The large-scale construction project …
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Merko: Tallegg’s Tabasalu factory farm is a good example of how private sector orders have picked up
The renovation work and addition built on to Tallegg’s Tabasalu factory farm opened today are a good example of the recent upturn in demand from the private sector, according to Merko. From now on, the Tabasalu plant will be the hub for all of Tallegg’s meat processing operations, allowing the company to double its output. …
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Cornerstone to Narva water treatment plant to be constructed by Merko laid today
Narva water treatment plant, the cornerstone to which was laid today, on 4 September, will ensure high quality drinking water to about 63,000 residents of Narva from the spring of 2015. In addition to the construction of the new water treatment plant, Mustajõe water intake will be reconstructed so as to meet modern standards. Construction …