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.
