PHOTOS: The former central heating plant development has been named Uus-Karlowa
A new development called Uus-Karlowa is set to replace the former central heating plant in Tartu city center, featuring three apartment buildings with commercial spaces and plans for a hotel and office building.
Investor's great friend Merko Ehitus
As Tallinn Stock Exchange approaches its 30th anniversary, it's timely to assess the companies suitable for long-term, small-scale investors, particularly in light of the ongoing publication of last year's unaudited economic results for listed firms.
Profits of Merko and Nordecon decreased by nearly half last year
The profits of Estonia's largest construction companies, Merko and Nordecon, nearly halved last year, with sales revenue also declining significantly.
Merko Ehitus did not replicate the super fourth quarter of 2024
Merko Ehitus closed the year 2025 with much more modest figures than the previous year, though leadership suggests this is a return to normal operational levels rather than an unusual setback, as indicated by their dividend proposal and record order portfolio.