All news
-
Merko making progress on development of the Lahekalda residential quarter
The construction of the Lahekalda residential quarter located on the limestone shore of Maarjamäe in Tallinn is moving forward at pace. Next, two apartment buildings with a total of 108 apartments will be completed as part of the fifth stage of the development. The apartments in the 8-storey energy class A buildings at Paekalda 19 and 21 …
-
Merko Ehitus 2022 net profit exceeds EUR 34 million
Merko Ehitus posted revenue figures of EUR 143 million for Q4 and EUR 410 million for 2022 as a whole. Compared to the same period of the previous year, net profit in Q4 increased by 27% to EUR 17.6 million and for the year as a whole, by 19% to EUR 34.6 million. In 2022, …
-
Uus-Veerenni Park invites you to be active and read
We have developed a public park of over 8,500 square metres in the Uus-Veerenni quarter with playground equipment, sculptures that enliven the urban space, a rest area and a reading corner. The new park in Tallinn’s urban space places a premium on biodiversity and the idea of recycling and is intended for residents and guests …
-
Merko wins two gold medals at the Lithuanian Product of the Year 2022 Awards
At the annual Lithuanian Product of the Year competition organized by the Lithuanian Confederation of Industrialists “Continental Automotive Lithuania” production building in Kaunas was awarded gold medals. The winners of this competition were announced for the 26th time, 84 companies representing different branches of the country’s industries were nominated for awards.
-
Merko projects won 2 awards in the competition ‘For Sustainable Development’
The best real estate projects in Lithuania for 2022 were announced and awarded at the ceremony. The Lithuanian Real Estate Development Association (LNTPA) and the Sustainable Development Academy have been organising the ‘For Sustainable Development competition’ for 15 years. In the ‘For Sustainable Development’ competition, Kaunas District Chief Police Commissariat building was recognized as the best public …
-
Builder of the Year 2022 is Taavi Lipp
Yesterday, the most important construction conference of the year, Ehitus 2023+, took place in Tallinn, the culmination of which was an award ceremony to recognise the best in the industry over the course of the year. This year, the title of Builder of the Year was awarded to civil engineer Taavi Lipp, project director at Merko …
-
Merko Ehitus recognised as the most competitive construction company in Estonia for the sixteenth time
For the sixteenth 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 …
-
Merko Ehitus posts revenue of EUR 266 million and net profit of EUR 17 million for first nine months of 2022
Revenue for Merko Ehitus amounted to EUR 110 million in Q3 2022 and the revenue for the first nine months of the year to EUR 266 million, while figures for net profit stood at EUR 9.8 million in Q3 and EUR 17 million for nine months. During the first nine months of this year, Merko …
-
Merks wins the prestigious BRELF award Developer of the Year
According to the results of the jury vote, the construction company Merks has won the prestigious Baltic Real Estate Leaders Forum award titled Developer of the Year. On October 14, the most significant real estate event in the Baltics took place for the 11th year in a row. The event brought together many industry professionals …
-
Merko picked as Estonia’s best-known and most reputable real estate developer for fourth straight year
An annual real estate brand survey conducted by Kantar Emor showed that Merko continues to be Estonia’s best-known real estate developer. We are still among Estonian’s leaders in terms of the real estate developers with the best reputation. Merko’s advantages were overwhelmingly perceived as trustworthiness, good quality, locations of its real estate developments, and high …