Construction contract in Estonia (residential and commercial building in Tallinn)


Tallinn, Estonia, 2015-06-09 15:30 CEST (GLOBE NEWSWIRE) --  

 

On 9 June 2015, AS Merko Ehitus Eesti, 100% owned subsidiary part of AS Merko Ehitus group, and OÜ Poordi 1, project company managed by Trigon Capital team, have signed a contract to perform the design and construction works of a residential and commercial building, located at Poordi 1, Tallinn, Estonia (www.poordi.ee).

The six-floored building with two underground parking floors will be located at Admiraliteedi quarter. On the first two floors of the energy-efficient building there will be commercial spaces, from the third to the sixth floor there will be 29 apartments. The architect of the building is Arhitektuuribüroo Pluss.

The contract includes the construction of the building and infrastructure facilities. The value of the contract is approximately 5 million euros, plus value added tax. The works are scheduled to complete by the end of 2016.

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 Management Board, Mr. Jaan Mäe, phone: +372 680 5105.

 

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) 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 and the real estate development business unit along with real estate holding companies. As at the end of the year 2014, the group employed 765 people and the company’s revenue for 2014 was EUR 252.3 million.


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