Construction contract in Estonia (office building in Tallinn)

Core Insights - AS Merko Ehitus Eesti has signed a design and construction agreement for a new office building in Tallinn, which will be named after Viktor Masing [1] - The project involves a 13-storey, two-tower office building with a gross floor area of 27,300 m² and aims for a LEED Gold energy-efficient building certification [1] - The contract value is approximately EUR 35 million, excluding VAT, with completion expected in November 2027 [2] Company Overview - AS Merko Ehitus Eesti is a recognized Estonian construction company that provides services in general construction, civil engineering, and residential construction [2] - The group operates in Estonia, Latvia, and Lithuania, focusing on constructing buildings and infrastructure as well as real estate development [3] - As of the end of 2024, the group employed 605 people and reported a revenue of EUR 539 million for that year [3]