Market announcement

AS MERKO EHITUS

LEI code

529900AS1XLZP15O8887

Size of the entity

Large group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

8129

Submission date and time

02.07.2020 10:36:15

Content of announcement in Estonian

Title

Korteriarendusprojektide ehitustööde käivitamisest (Uus-Veerenni III etapp Tallinnas)

Message

23. märtsil 2020. a avaldatud börsiteates
(https://www.nasdaqbaltic.com/statistics/et/news/311918) andis kontsern teada
ehitusfaasis olevate korteriarendusprojektide valmisehitamisest ja uute
korteriarendusprojektide ehitustööde mitte käivitamisest kolme kuu jooksul
seoses pandeemiaga.

Seoses kolme kuu möödumisega annab kontsern teada järgmist:
1) Eestis, Lätis ja Leedus ehitusfaasis olevate korteriarendusprojektide ehitus
on kulgenud plaanipäraselt.
2) Kontserni kuuluv AS Merko Ehitus Eesti käivitab Tallinnas asuva Uus-Veerenni
projekti kolmanda etapi (Uus-Veerenni Park, merko.ee/veerenni-park
(https://merko.ee/veerenni-park/)) ehitustööd käesoleva aasta juulikuus (varasem
börsiteade projekti kohta:
https://www.nasdaqbaltic.com/statistics/et/news/310973). Kolm kortermaja 59
korteriga valmivad 2021. aasta lõpuks.

Andres Trink
Juhatuse esimees
AS Merko Ehitus
Telefon: +372 650 1250
E-mail: [email protected] (mailto:[email protected])

AS Merko Ehitus (group.merko.ee (https://group.merko.ee/)) kontserni kuuluvad
Eestis AS Merko Ehitus Eesti, Lätis SIA Merks, Leedus UAB Merko Statyba ning
Norras Peritus Entreprenør AS. Peatöövõtjana ehitusteenuse osutamise kõrval on
kontserni teiseks oluliseks tegevusvaldkonnaks korteriarendus. 2019. aasta lõpu
seisuga andis kontsern tööd 694 inimesele ning ettevõtte 2019. aasta müügitulu
oli 327 miljonit eurot.

Content of announcement in English

Title

Start of construction of residential projects (Uus-Veerenni third stage in Tallinn)

Message

On 23 March 2020 the group informed via a stock exchange announcement
(https://www.nasdaqbaltic.com/statistics/en/news/311917) about the continuing
construction activities until completion of all apartment development projects
that were currently in construction phase, and not initiating construction works
of any new development projects within three months due to the pandemic.

As three months have passed, the group informs as follows:
1) The construction of the apartment development projects in construction phase
in Estonia, Latvia and Lithuania has proceeded as planned.
2) AS Merko Ehitus Eesti, part of the group, starts the construction of the
third stage of the Uus-Veerenni residential project (Uus-Veerenni Park,
merko.ee/veerenni-park/en (https://merko.ee/veerenni-park/en/)) in July of this
year (earlier stock exchange announcement about the launch of the project:
https://www.nasdaqbaltic.com/statistics/en/news/310974). Three apartment
buildings with 59 apartments will be completed by the end of 2021.

Andres Trink
Chairman of the Management Board
AS Merko Ehitus
+372 650 1250
[email protected] (mailto:[email protected])

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 2019, the group employed 694 people, and
the group's revenue for 2019 was EUR 327 million.