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Estonian AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the Metsatuka residential development project in Nõmme district in Tallinn. The project includes two buildings at Teelise 6 and Teelise 8/10 with 130 apartments, which will be completed in the beginning of 2023.    Metsatuka ( merko.ee/metsatuka) residential buildings have energy class B rating. The size of the apartments ranges between 40–124 square metres and the price per square metre starts from 2,260 euros. Merko will build greenery, recreational areas and children’s playgrounds in the interior co...

SIA Merks, part of AS Merko Ehitus group, has entered into a contract with Jūrmala City Council for the construction of a city park and youth house in Kauguri, Latvia. The works include... | February 19, 2021

2020 12 months and IV quarter consolidated unaudited interim report Nachrichtenquelle: globenewswire  |  11.02.2021, 07:00  |  129  COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of approximately EUR 106 million for the fourth quarter of 2020, while total revenue for the whole year was EUR 316 million. The group’s fourth quarter 2020 net profit was EUR 10 million and its annual net profit grew over 40%, amounting to EUR 23 million. In coordination with the supervisory board, the group's management board proposes...

Launch of the second stage of the Erminurme residential project (Tartu, Estonia) Nachrichtenquelle: globenewswire  |  10.02.2021, 09:06  |  113   |  0  AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the second stage of Erminurme residential development project in Tartu Parish. The stage includes two buildings at Erminurme Road 12 and 16 with 37 apartments, which will be completed in December 2021.    Erminurme residential buildin...

Construction contract in Estonia (below grade construction works of Liivalaia business and residential complex, Tallinn) Nachrichtenquelle: globenewswire  |  09.02.2021, 08:30  |  119   |  0  On 8 February 2021, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Tiigiveski Arendus, part of AS Kapitel group, have entered into a contract to perform construction works of Liivalaia business and residential complex at Liivalaia St. 34 and 36, Tallinn. The ...