All news

  • Construction of second-to-last phase of Erminurme in Tartu is launched

    Erminurme, straddling the boundary between Tartu City and Tartu Municipality, is a cosy residential neighbourhood that to this point boasts nine apartment buildings of two to three storeys each. As the last phase of the development, two three-storey buildings at Erminurme tee 2 and Erminurme tee 22 will be completed by summer 2025. The homes …

  • Merko Ehitus saw both revenue and net profit increase in 2023

    Q4 2023 revenue for Merko Ehitus was EUR 126 million and the 12-month revenue amounted to EUR 466 million. In 2023, Merko delivered 948 apartments and 27 commercial units to customers. In 2023, the group companies signed new construction contracts worth more than EUR 500 million. The company’s net profit in Q4 2023 was EUR …

  • Construction of Õielehe residential development gets under way in Jüri

    To this point, Merko apartments have been available for homebuyers in Tallinn and Tartu but now there is an opportunity for those who want to live in the vicinity of Tallinn. We are launching construction on Õielehe development in the hamlet of Jüri, which will ultimately boast 10 apartment buildings and four townhouses. The first …

  • New company Merko Kodud to handle apartment sales in Estonia

    On 1 January 2024, Merko Ehitus Eesti will split its operating activities between two separate companies within group. Real estate development and apartment sales will be handled by OÜ Merko Kodud while construction service will be offered by AS Merko Ehitus Eesti. A similar structure, aligned according to the nature of the line of business, …

  • Pelgulinna State Gymnasium and Uus-Veerenni Park receive awards

    On Friday, 8 December, architecture prizes for the year were awarded to Estonia’s best achievements and practitioners in the field. The architecture prize handed out by the Cultural Endowment of Estonia went to the Tallinn Pelgulinna State Gymnasium, built by Merko. The building is an example of the use of wood to encourage an environment …

  • Estonia’s best intern is Kiara Rumask

    The Estonian Employers’ Confederation competition Best Intern 2023 selected Kiara Rumask as the best higher education level intern. She completed her internship at Merko’s Lahekalda construction site. Kiara completed her internship as a second-year student in the building design and construction management speciality in the engineering faculty of TalTech’s Tartu College. Kiara’s resolve set a …

  • Merko Ehitus recognised as the most competitive construction company in Estonia for the seventeenth time

    For the seventeenth time, AS Merko Ehitus has been declared the most competitive company in Estonia in the category of construction companies. The aim of the Estonian Companies’ Competitiveness Ranking is to facilitate the improvement of competitiveness of Estonian companies and thereby promote faster development of the Estonian economy. The ranking highlights the most successful …

  • Pelgulinna State gymnasium is the Best Wooden Building of the Year 2023

    The Merko-built Tallinn Pelgulinna State gymnasium has won the main award and the popular favourite title at the best wooden building 2023 competition organized by the Estonian Forest and Wood Industries Association. According to Kaja Pae, member of the jury panel and head of the Ministry of Climate’s construction and living environment department, this is the biggest …