On 31 August 2022, Tallinna Teede AS, part of AS Merko Ehitus group, and Tallinn Urban Environment and Public Works Department entered into a framework agreement covering the performance of maintenance repairs of roads, facilities necessary for the functioning of…
Public Works Department and AS Tallinna Vesi as co-financer entered into a contract to perform reconstruction works of Vana-Kalamaja street in Tallinn. The works include renewal of the road surface and underground communications. The 1.2-kilometre section under reconstruction starts at…
MANAGEMENT REPORT CEO summary The second quarter of 2022 continued the trend we have seen in Q1, with a strong demand for real estate assets in the Baltic countries (particularly Estonia and Lithuania). Our available inventory is mainly sold, but…
Tallinn Urban Environment and Public Works Department has informed that the public procurement “Reconstruction of Vana-Kalamaja street” (reference number 245920) preferred bidder is announced to be Tallinna Teede AS, part of AS Merko Ehitus group, with a value of 7.8…
Vaatamata jätkuvalt keerulisele väliskeskkonnale olid 2022. aasta II kvartal ja I poolaasta kontsernile kokkuvõttes kasumlikud. Jätkus ka müügitulu kasv, mis tugineb suuresti eelmistel perioodidel sõlmitud ehituslepingute täitmisel. Samas on jätkuv materjalide tarnete ebakindlus ja sisendhindade kiire kasv loonud olukorra, kus…
Despite the continued difficult external environment, the second quarter and first half of 2022 were overall profitable for the group. The increase in sales revenue also continued, which is largely based on the fulfillment of construction contracts concluded in previous…
Over the quarter, housing affordability deteriorated in all three Baltic capitals. Compared with the same period last year, the housing affordability index (HAI) increased in Vilnius but declined in Riga and Tallinn, with the Estonian capital registering a more pronounced…
LIFE IP BuildEST on teadusarendusprojekt, mille raames töötatakse välja ja võetakse kasutusele vajalikud tööriistad Eesti hoonete pikaajalise rekonstrueerimisstrateegia (REKS) rakendamiseks ja antakse hoogu hoonete rekonstrueerimisele. Projekti üheks teemaks on ehitussektori ringmajanduse põhimõtete rakendamine hoonete renoveerimisel. Selle raames teostatakse uuring, millega…
MANAGEMENT REPORT CEO summary The first quarter of 2022 has been an atypical one. The Ukraine war started in February caused some concerns due to the geopolitical risks perceived in the area. However, after the initial (and understandable) concerns, the…
The annual general meeting of shareholders of Arco Vara AS held on 17 May 2022 adopted the following decisions: To approve the annual report of Arco Vara AS for 2021. To allocate the net profit for the year ended on…
Consolidated revenues of Hepsor for Q1 2022 amounted to 1.3 million euros and net profit to 0.02 million euros (including 0.005 million euros attributable to the owners of the parent company). The Group’s revenues and profitability are directly dependent on…
2022. aasta I kvartali märgusõnadeks on kontserni jaoks esiteks hüppeline müügitulu kasv ja samal ajal terav sisendhindade tõus. Müügitulu kasv on seotud eelmistel perioodidel sõlmitud ehituslepingute täitmisega. Sisendhinnad on tõusnud valdavalt Venemaale ja Valgevenele kehtestatud sanktsioonide tulemusel, lisaks hinnatõusule on…
COMMENTARY FROM MANAGEMENT Merko Ehitus sales revenue in the first quarter was EUR 68.4 million and net profit EUR 3.0 million. The sales revenue for the 3 months of 2022 increased by 14% compared to the same period of previous…
The key words for the first quarter of 2022 for the group are, firstly, a sharp increase in sales revenue and, at the same time, a sharp rise in input prices. The increase in sales revenue is related to the…
Kaamos Groupi uueks finantsjuhiks ja juhatuse liikmaks saab Peeter Aruvald, juriidilise valdkonna juhi ametikohale asub Eliza Tüll. Mõlemad on pikaajalise kogemusega oma ala eksperdid. „Mul on väga hea meel selle üle, et saan liituda Kaamose professionaalse ja ettevõtliku meeskonnaga ning…
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