Construction contract in Estonia (II stage of Hyatt hotel building in Tallinn)
06 Ottobre 2023 - 8:30AM
Construction contract in Estonia (II stage of Hyatt hotel building
in Tallinn)
On 5 October 2023, AS Merko Ehitus Eesti, part of AS Merko
Ehitus group, and Estma HPT OÜ entered into a contract for the
construction of the second stage of hotel and office building
located at Sadama 4, Tallinn.
The contract includes finishing works and construction of
technical systems of 6-storey building with one underground floor,
that will operate as Hyatt hotel and accommodate offices.
The contract value is approximately EUR 13.1 million, plus value
added tax. The second stage of the construction works is scheduled
to be completed in November 2025.
AS Merko Ehitus
Eesti (merko.ee) is Estonian leading construction
company, which offers construction services in general
construction, civil engineering and residential.
Additional information: AS Merko Ehitus Eesti
Chairman of the Management Board, Mr. Ivo Volkov, tel. +372 680
5105.
Urmas Somelar Head of Finance AS Merko Ehitus +372 650
1250urmas.somelar@merko.ee
AS Merko Ehitus (group.merko.ee) group
companies develop real estate and construct buildings and
infrastructure. We create a better living environment and build the
future. We operate in Estonia, Latvia, Lithuania and Norway. As at
the end of 2022, the group employed 661 people, and the group’s
revenue for 2022 was EUR 410 million.
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