Construction contract in Estonia (second stage of southeast border construction)

On 25 May 2021, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GRK Infra AS entered into a contract with Estonian Police and Border Guard Board to design and construct the infrastructure of the Republic of Estonia’s southeast land border sections 4–6.

The contract includes construction works on a 34.7-kilometre border segment in Võru County. The border segment will be built from the Tserebi village on the south shore of Lake Vanigõjärv until the Võmmorski village. AS Merko Ehitus Eesti will be the leading partner in the contract.

The contract value is approximately EUR 15.8 million, plus value added tax. The works are scheduled to be completed in April 2025.

AS Merko Ehitus Eesti (merko.ee) is Estonian leading construction company, which offers construction services in general construction, civil engineering, electrical and residential construction and develops residential real estate. To ensure the best quality and convenience for home buyers, Merko manages all phases of the development: planning, design, construction, sales and service during the warranty period.

Additional information: AS Merko Ehitus Eesti, Chairman of Management Board, Mr. Ivo Volkov, phone: +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 AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in Lithuania and Peritus Entreprenør 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 2020, the group employed 666 people, and the group’s revenue for 2020 was EUR 316 million.