Launch of the second stage of the Erminurme residential project (Tartu, Estonia)

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the second stage of Erminurme residential development project in Tartu Parish. The stage includes two buildings at Erminurme Road 12 and 16 with 37 apartments, which will be completed in December 2021.

  

Erminurme residential buildings have energy class A rating. The size of the apartments ranges between 47–97 square metres and the price per square metre starts from 1,630 euros. Merko will build parking spaces around the houses, and create greenery, recreational areas and children’s playgrounds in the interior courtyards.

  

Erminurme () residential quarter is located on the border of Tartu Parish and the City of Tartu close to Estonian National Museum and Raadi Manor complex. The development project comprises in total of twelve new 2–3-storeyed residential buildings with 224 apartments. The first stage of the development project, a building with 18 apartments at Erminurme Road 10, will be completed in August 2021.

  

AS Merko Ehitus Eesti () is Estonian leading construction company, which offers construction services in general construction, civil engineering, road, electrical and residential construction. 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: Mr. Juhan Varik, Head of South-Estonia Department of Merko Ehitus Eesti, phone +372 680 5105.

  

Priit Roosimägi

Head of Group Finance Unit

AS Merko Ehitus

+372 650 1250



  

AS Merko Ehitus () 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 2019, the group employed 694 people, and the group’s revenue for 2019 was EUR 327 million.

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