Construction contract in Estonia (commercial building in Tallinn)
On 11 October 2018, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Aromare entered into a contract for the design and construction of a commercial building at Pärnu mnt 186, Tallinn.
The contract includes the construction of a new commercial building with six storeys for offices and retail and a two-storeyd parking house for 300 cars.
The contract value is approximately EUR 16 million, plus value added tax. The construction will start in autumn 2018 and the works are scheduled to be completed in March 2020.
AS Merko Ehitus Eesti (www.merko.ee) is Estonian leading construction company, which offers construction services in general construction, civil engineering, road, electrical and residential construction.
Additional information: AS Merko Ehitus Eesti, Member of the Management Board, Mr. Jaan Mäe, tel. +372 680 5105.
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
AS Merko Ehitus (group.merko.ee) group consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba that is operating on the Lithuanian market, Peritus Entreprenør AS construction company in Norway and the real estate development business unit along with real estate holding companies. As at the end of 2017, the group employed 757 people and the company’s 2017 revenue was EUR 317.6 million.