Merko Ehitus AS
TTAL:MRK1T27.00
EUR
0.00
(0.00%)
ISIN
EE3100098328
Return %
Stock
S&P 500
1Y
-3.91
14.20
3Y
81.45
81.12
5Y
79.05
68.34
Capital Structure
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EUR
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Quarterly Revenue
EUR
•
in mil. unless spec.Quarterly Earnings Per Share
EUR
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EUR
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in mil. unless spec.Company Description
- CEO
- Ivo Volkov
- Full Time Employees
- 613
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Tallinn Estonia
- IPO Date
- Jul 22, 1997
- Website
- group.merko.ee
- Similar Companies
- Business
- Merko Ehitus AS is a construction and real estate development group that engages in general contracting, civil engineering, utility network construction, and residential property development across the Baltic region and Northern Europe. Founded in 1990 and headquartered in Tallinn, Estonia, the company operates primarily in Estonia, Latvia, and Lithuania, with selective operations in Norway. The group operates through two primary reporting segments: Construction Services and Real Estate Development, conducting its core activities through key operating subsidiaries such as AS Merko Ehitus Eesti, SIA Merko Būve, UAB Merko Statyba, Tallinna Teede AS, OÜ Merko Kodud, SIA Merko Mājas, and UAB Merko Būstas, alongside its 50% holding in Connecto Holding AS. The company's core products and services include: general contracting, design-build, and project management services for commercial, administrative, industrial, and public sector buildings; civil engineering and infrastructure development, comprising road, street, and highway construction, viaducts, bridges, port facilities, and environmental engineering; utility network engineering, consisting of the design, construction, and maintenance of high- and medium-voltage electrical substations, power distribution grids, telecommunications networks, gas pipelines, and municipal water and wastewater systems; specialized construction operations, including concrete framework engineering, asphalt manufacturing, and road maintenance; vertically integrated residential property development, covering land acquisition, detailed zoning, architectural design, apartment construction, marketing, direct unit sales, and after-sales warranty services; and long-term facility management and public-private partnership (PPP) infrastructure services. In recent developments, Merko Ehitus has expanded its order backlog to historic highs, strategically capturing substantial public-sector and regional defense procurement. The group was awarded landmark public-private partnership contracts valued at over EUR 370 million for the multi-phase construction and long-term facility management of the Rūdninkai military campus in Lithuania, marking the largest project awards in corporate history. The company has also initiated major defense-related infrastructure projects in Latvia and secured significant commercial redevelopment contracts, including approximately EUR 80 million in development agreements for the Krulli Quarter in Tallinn. These operational wins demonstrate the group's strategic alignment toward mission-critical public infrastructure and civil defense facilities to drive growth amid evolving private real estate market dynamics.