Construction contract in Estonia (Tallinn Hobby Centre Kullo)
12 Février 2025 - 1:30PM
UK Regulatory
Construction contract in Estonia (Tallinn Hobby Centre Kullo)
On 12 February 2025, AS Merko Ehitus Eesti, part of AS Merko
Ehitus group, and the Tallinn Property Department signed a
construction contract for the construction of the Tallinn Hobby
Centre Kullo located at Mustamäe tee 59, Tallinn.
The contract includes the demolition of the existing Kullo
building and the construction of a new 4-storey building with a net
area of approximately 12 000 m2, along with partial
design and furnishing. The new community centre will house Kullo,
Estonia's oldest and largest hobby school, the Kristiine youth
centre and library. The centre will be surrounded by outdoor areas
for public use.
The contract value is approximately EUR 24.9 million, plus value
added tax. Construction works are scheduled to be completed in
December 2026.
AS Merko Ehitus Eesti
(merko.ee) is a recognised Estonian
construction company, which offers construction services in general
construction, civil engineering and residential
construction.
Additional information: AS Merko Ehitus Eesti, member of the
Management Board, Mr. Veljo Viitmann, phone: +372 680
5105.
Urmas Somelar
Head of Finance
AS Merko Ehitus
+372 650 1250
urmas.somelar@merko.ee
AS Merko
Ehitus (group.merko.ee) group
companies construct buildings and infrastructure and develop real
estate. We create a better living environment and build the
future. We operate in Estonia, Latvia, and
Lithuania. As at the end of 2024, the group employed
605 people, and the group’s revenue for 2024 was EUR 539
million.
Merko Ehitus As (LSE:0JKW)
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De Jan 2025 à Fév 2025
Merko Ehitus As (LSE:0JKW)
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De Fév 2024 à Fév 2025