Major Construction Contract Secured in Tallinn
AS Merko Ehitus Eesti has recently made headlines with an important development in Tallinn. They have entered into a design-and-build contract with Estconde Invest OÜ for an impressive office building project located at Tartu mnt 1.
Project Details and Specifications
This ambitious endeavor will consist of a 27-storey class A office building, which will include two underground levels, along with the necessary infrastructure and surrounding areas. The design prioritizes excellence and aims to meet the international BREEAM standard, targeting an 'Excellent' rating.
Financial Overview
The construction deal is valued at around EUR 64.3 million, excluding value-added tax. The estimated timeline for the construction works is approximately 40 months, ensuring that the project progresses and is delivered on schedule.
About AS Merko Ehitus Eesti
AS Merko Ehitus Eesti is a leading construction company in Estonia, providing services in general construction, civil engineering, and residential projects. Their dedication to quality and sustainability is a fundamental aspect of their operations.
Leadership and Contact Information
For those interested in learning more about this project, Mr. Marek Hergauk, the Director of the General Construction Division, can be reached at +372 680 5105.
Financial Leadership
For financial inquiries, Urmas Somelar, the Head of Finance at AS Merko Ehitus, is available at +372 650 1250. He can offer further insights into the financial aspects of the company and its ongoing projects.
Company Overview and Regional Impact
The AS Merko Ehitus group offers a wide range of services, including building and infrastructure construction, as well as real estate development. Their operations span across Estonia, Latvia, and Lithuania, with the goal of improving living environments and promoting sustainable urban development.
As of late 2023, AS Merko Ehitus employed approximately 635 skilled professionals and reported an impressive revenue of EUR 466 million, solidifying their status as a leader in the construction industry within 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 indicates that the building adheres to high standards of sustainability and environmental performance, with this project aiming for 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.
