Construction Contract for New Office Building in Tallinn
Major Construction Contract Secured in Tallinn
AS Merko Ehitus Eesti has made headlines recently with a significant development in the heart of Tallinn. A design-and-build contract has been established with Estconde Invest OÜ for an impressive office building project at Tartu mnt 1.
Project Details and Specifications
This ambitious project will feature a 27-storey class A office building complete with two underground floors, along with the necessary infrastructure and surrounding areas. The design is committed to excellence and will comply with the international BREEAM standard, achieving an 'Excellent' rating.
Financial Overview
The value of this construction deal is significant, amounting to approximately EUR 64.3 million, excluding value added tax. The estimated duration of the construction works is set for 40 months, ensuring timely progress and delivery of the project.
About AS Merko Ehitus Eesti
AS Merko Ehitus Eesti stands as a premier construction company in Estonia, offering services in general construction, civil engineering, and residential projects. Their commitment to quality and sustainability remains a cornerstone of their operations.
Leadership and Contact Information
For those seeking more details about this project, Mr. Marek Hergauk, the Director of the General Construction Division, can be contacted at +372 680 5105.
Financial Leadership
Additionally, for financial inquiries, Urmas Somelar, Head of Finance at AS Merko Ehitus, is reachable at +372 650 1250. He can provide further insights into the fiscal aspects of the company and ongoing projects.
Company Overview and Regional Impact
AS Merko Ehitus group encompasses a diverse range of services that include the construction of buildings and infrastructure, as well as real estate development. Their operational reach extends across Estonia, Latvia, and Lithuania, aiming to enhance living environments and contribute to sustainable urban development.
As of late 2023, AS Merko Ehitus employed around 635 skilled professionals and reported a remarkable revenue of EUR 466 million, marking their position as a leader in the construction industry in the Baltic region.
Frequently Asked Questions
What is the main project that AS Merko Ehitus Eesti is currently working on?
They are constructing a 27-storey office building in Tallinn, valued at approximately EUR 64.3 million.
What is the significance of the BREEAM certification for the new building?
BREEAM certification signifies that the building meets high standards in sustainability and environmental performance, with this project targeting an 'Excellent' rating.
Who can be contacted for more information about this construction project?
Mr. Marek Hergauk, the Director of the General Construction Division, is available for inquiries at +372 680 5105.
Where does AS Merko Ehitus operate?
The company operates in Estonia, Latvia, and Lithuania, focusing on various construction and development projects.
What was the revenue of AS Merko Ehitus for the year 2023?
The group reported a revenue of EUR 466 million at the end of 2023.
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