Latest news with #UrmasSomelarHead
Yahoo
28-05-2025
- Business
- Yahoo
Lahekalda apartments development project next phase construction (Tallinn, Estonia)
Visualisation of area OÜ Merko Kodud, part of the AS Merko Ehitus group, has decided to proceed with the construction of the above-ground volumes of next phase of the Lahekalda apartment development project located on the Maarjamäe limestone clint in Tallinn. Within the framework of this development phase two apartment buildings with a total of 110 apartments will be completed in the fall of 2026. The apartment sizes of the 8-storey A-energy class buildings being built at Paekalda 15 and 17 will range from 35 to 124 square metres and the price per square metre starts from 3,545 euros. The Lahekalda quarter ( is located in Tallinn, between Kadriorg and Pirita, on the Maarjamäe ridge. The development project is set to deliver approximately 25 new apartment buildings with more than a thousand apartments over the next ten years. The courtyards of the buildings have landscaped recreation and play areas, and in addition, buildings with a commercial and service function supporting a holistic living environment have been planned for the area. The first ten buildings in the Lahekalda quarter with nearly 500 apartments are ready. The most recent apartment buildings were completed in 2024 at Paekalda 19 and Paekalda 21, and more than half of the apartments in these buildings have found a buyer. ( is Estonia's best-known and most trusted residential real estate developer. To ensure the best quality, convenience and assurance for home buyers, Merko manages all phases of the development: planning, design, construction, sales and warranty service. Additional information: OÜ Merko Kodud, Project Development Director Ms. Ines Prual, phone: +372 680 5105. Urmas SomelarHead of FinanceAS Merko Ehitus+372 650 ( 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. Attachment Visualisation of areaError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Construction contract in Estonia (Rail Baltica Ülemiste passenger terminal)
Visual: RB Ülemiste passenger terminal, Zaha Hadid Architects / Rail Baltic Estonia On 21 May 2025, AS Merko Ehitus Eesti, part of the AS Merko Ehitus group, and OÜ Rail Baltic Estonia signed a construction contract for the Rail Baltica Ülemiste international passenger terminal in Tallinn. The contract covers the design and construction works of the Ülemiste terminal building, which will be named "Linda" and is designed by the internationally renowned architectural company Zaha Hadid Architects. The terminal building will be constructed across Suur-Sõjamäe street, the planned Rail Baltica railway, and the existing Estonian Railways infrastructure. The section of the terminal building crossing the railway will be approximately 180 metres long and will rise about 20 metres above street level – the equivalent of a six-storey building. To access the train, three platforms with a total length of approximately 1,250 meters will be built next to the railway tracks, about half of which will be covered with a canopy. With a unique facade and roof solution in Estonia, the building will meet all European railway traffic standards and will be constructed without interrupting existing rail operations. The contract value is approximately 85 million euros, plus VAT. The construction deadline is October 2028. ( 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 SomelarHead of FinanceAS Merko Ehitus+372 650 ( 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. Attachment Visual: RB Ülemiste passenger terminal, Zaha Hadid Architects / Rail Baltic EstoniaError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Construction contract in Estonia (Rail Baltica Ülemiste passenger terminal)
Visual: RB Ülemiste passenger terminal, Zaha Hadid Architects / Rail Baltic Estonia On 21 May 2025, AS Merko Ehitus Eesti, part of the AS Merko Ehitus group, and OÜ Rail Baltic Estonia signed a construction contract for the Rail Baltica Ülemiste international passenger terminal in Tallinn. The contract covers the design and construction works of the Ülemiste terminal building, which will be named "Linda" and is designed by the internationally renowned architectural company Zaha Hadid Architects. The terminal building will be constructed across Suur-Sõjamäe street, the planned Rail Baltica railway, and the existing Estonian Railways infrastructure. The section of the terminal building crossing the railway will be approximately 180 metres long and will rise about 20 metres above street level – the equivalent of a six-storey building. To access the train, three platforms with a total length of approximately 1,250 meters will be built next to the railway tracks, about half of which will be covered with a canopy. With a unique facade and roof solution in Estonia, the building will meet all European railway traffic standards and will be constructed without interrupting existing rail operations. The contract value is approximately 85 million euros, plus VAT. The construction deadline is October 2028. ( 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 SomelarHead of FinanceAS Merko Ehitus+372 650 ( 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. Attachment Visual: RB Ülemiste passenger terminal, Zaha Hadid Architects / Rail Baltic Estonia
