Construction, Markets and Companies, Medicine, Real Estate
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Friday, 19.04.2024, 06:53
Estonia: Merko to design, construct 3rd stage of Mustamae medical campus for EUR 33.8 mln
The contract includes the construction of the Y block of the
medical campus at 19 J. Sutiste Road in Tallinn. Additionally, ground and
basement floors of the A and B blocks will be reconstructed, Merko told the
stock exchange.
The contract value is approximately 33.8 mln euros, plus
value added tax. The works are scheduled to be completed in July 2023.
AS Merko Ehitus group consists of AS Merko Ehitus Eesti in
Estonia, SIA Merks in Latvia, UAB Merko Statyba in Lithuania and Peritus
Entreprenor AS in Norway. Besides providing construction service as a main
contractor, the group's other major area of activity is apartment development.
As at the end of 2019, the group employed 694 people, and the group’s revenue
for 2019 was 327 mln euros.
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