Merko Ehitus: Construction contract termination in Estonia (hotel building in Tallinn)

Merko EhitusThe construction contract for building a hotel at mnt 49, entered into on February 12, 2020, between AS Merko Eesti, part of AS Ehitus group, and OÜ was terminated by agreement of the parties.

After the pandemic started, the rapidly changing situation on the construction and accommodation markets did not favor starting the construction works under the terms of pending contract, therefore the parties decided to terminate the contract.

AS Merko Eesti (.ee) is leading construction company, which offers construction services in general construction, civil engineering, road, electrical and residential construction.

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