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Division of the group s Estonian subsidiary

On October 5, Merko Ehitus group s 100% subsidiaries OÜ Merko Kodud and AS Merko Ehitus Eesti signed a division agreement, according to which real estate development activities along with the.

2023 6 months and II quarter consolidated unaudited interim report

COMMENTARY FROM MANAGEMENT Q2 2023 revenue for Merko Ehitus was EUR 142 million and the H1 figure was EUR 217 million. Net profit in Q2 was EUR 13.6 million and net profit for the last six months was EUR 19.4 million. Merko delivered 512 apartments to new homeowners and 15 commercial units to businesses in H1. According to the management of Merko Ehitus, the profit for the first half of the year was strong, as expected, since a number of apartment developments were completed, and pre-sold apartm

Adjustments to the structure of the group s subsidiaries (Latvia, Estonia)

Adjustments to the structure of the group s subsidiaries (Latvia, Estonia)
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Construction contract in Estonia (Hyatt hotel building in Tallinn)

Construction contract in Estonia (Hyatt hotel building in Tallinn)
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