On 23 January 2020, the Management Board of AS Merko Ehitus Eesti, part of AS
Merko Ehitus group, decided to make the following changes in the Supervisory
Board of subsidiary Tallinna Teede AS:
1) to remove Mr. Keit Paal as a member;
2) to appoint Mr. Ivo Volkov as a member for a three years' period starting from
23 January 2020;
3) to extend the powers of the member Mr. Tõnu Toomik for three years starting
from 23 January 2020.
The Supervisory Board of Tallinna Teede AS will continue with four members: Mr.
Tõnu Toomik (The Chairman), Mr. Ivo Volkov, Mr. Veljo Viitmann and Mr. Alar
Lagus.
Ivo Volkov's CV is enclosed to this announcement.
Tallinna Teede AS performs project management and provides workforce for all
road maintenance countrywide, builds road structures and the associated
infrastructure, performs maintenance repair, road surface dressing and provides
road maintenance services. The company also produces different mixtures in its
own asphalt plant. AS Merko Ehitus Eesti holds a 100% interest in Tallinna Teede
AS.
AS Merko Ehitus Eesti (merko.ee (http://www.merko.ee/en)) is Estonian leading
construction company, which offers construction services in general
construction, civil engineering, road, electrical and residential construction.
Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
priit.roosimagi@merko.ee (mailto:priit.roosimagi@merko.ee)
AS Merko Ehitus (group.merko.ee (https://group.merko.ee/en/)) group consists of
AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in
Lithuania and Peritus Entreprenør AS in Norway. Besides providing construction
service as a main contractor, the group's other major area of activity is
apartment development. As at the end of 2018, the group employed 764 people, and
the group's revenue for 2018 was EUR 418.
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