Tallinn, Estonia, 2014-09-25 16:29 CEST (GLOBE NEWSWIRE) --
A contract was signed by Tallinna Teede AS – the subsidiary of AS Merko Ehitus Eesti, part of AS Merko Ehitus group – and Tallinn Municipal Engineering Services Department for the reconstruction works of Suur-Sõjamäe Street in Tallinn in the J. Smuuli road – city limit section. The contractor was chosen on the basis of a public procurement organised by Tallinn Municipal Engineering Services Department where the project was awarded to Tallinna Teede AS.
The works include road construction, construction of water, sewerage and drainage, also establishment of street lighting, communication networks, power lines, gas pipelines and traffic lights system.
The value of the contract without the client´s reserve is EUR 2.9 million, plus value added tax. The works are scheduled to start in September 2014 and to complete in June 2015.
Tallinna Teede AS performs project management and provides workforce for all road maintenance countrywide, builds road structures and the associated infrastructure, performs maintenance repair, road surface dressing and provides road maintenance services. The company also produces different mixtures in its own asphalt plant. AS Merko Ehitus Eesti holds a 100% interest in Tallinna Teede AS.
Additional information: Tallinna Teede AS, Chairman of Management Board Mr. Jüri Läll, phone +372 606 1900.
Merit Kullasepp
Communication and Marketing Manager
AS Merko Ehitus
Phone: +372 650 1250
E-mail: merit.kullasepp@merko.ee
AS Merko Ehitus (group.merko.ee) comprises the leading Estonian construction company AS Merko Ehitus Eesti, the Latvian market based SIA Merks and the Lithuanian market based UAB Merko Statyba as well as the group’s real estate development business unit together with companies holding real estate properties. As at the end of 2013, the group employed 860 people and the 2013 revenue amounted to EUR 262.7 million.