On 4 October 2018, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Riigi Kinnisvara AS entered into a contract for the construction of student home at Piiri st 8, Rakvere.
The contract includes the demolition of the old dormitory of Rakvere Vocational School and construction of a new, nearly zero energy compliant building with four storeys and room for 200 students.
The contract value is EUR 4.3 million, plus value added tax. The construction will start in October 2018 and the works are scheduled to be completed by the end of 2019.
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.
Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
priit.roosimagi@merko.ee
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.