speculation on construction prices confuses the cards, the real price is difficult to understand

Andres Trink, who runs Merko Ehitus, sees the effect of a speculative price increase on the construction market, which will lead to an even higher price increase. The photo shows the real estate development of Merko Ehitus in Tallinn in the Veerenni quarter.Photo: Andras Kralla

The construction and real estate market is currently characterized by a large adjustment to price increases and changes in supply chains, explained Andres Trink, Chairman of the Management Board of the listed company Merko Ehitus. It is currently difficult to assess how long it will take to adjust.

In an interview with Äripäev radio, Trink said that in addition to the accelerated price increase from the end of February (on February 24, Russian troops attacked Ukraine), uncertainty was added, by which time deliveries will take place. “As construction is associated with very specific deadlines and construction schedules, any change or interruption, even a delay of a few weeks, causes major problems for the construction process,” explained the head of the listed company.

Please give me a plan

Nothing is more important to entrepreneurs than it became clear, but it has not been divided in the story of establishing an Estonian LNG connection, which is already costly in itself, Äripäev says in the editorial.

Nothing is more important to entrepreneurs than it became clear, but it has not been divided in the story of establishing an Estonian LNG connection, which is already costly in itself, Äripäev says in the editorial.

The downturn in US equities dragged on for another week

US stock markets closed the last trading day of the week and a full week in the red, extending the one-week downturn to five weeks.

US stock markets closed the last trading day of the week and a full week in the red, extending the one-week downturn to five weeks.

Radio hits: Investors have become greedy, with a sharp rise in prices in construction

In the most listened-to programs of the week, the lessons learned were shared by the top manager, the head of the Tallinn Stock Exchange and the construction company.

In the most listened-to programs of the week, the lessons learned were shared by the top manager, the head of the Tallinn Stock Exchange and the construction company.

Estonia’s two-month gas reserves reached Lithuania

The largest quantity of liquefied natural gas (LNG) of US origin purchased by Eesti Gaas so far reached the port of Klaipeda in Lithuania on Friday. From there, it will travel to Estonia via Lithuanian and Latvian pipelines, the company announced.

The largest quantity of liquefied natural gas (LNG) of US origin purchased by Eesti Gaas so far reached the port of Klaipeda in Lithuania on Friday. From there, it will travel to Estonia via Lithuanian and Latvian pipelines, the company announced.

Elering: Alexela’s offer is not acceptable

According to Elering, the solutions offered by Alexela for the construction and management of the haulage berth required for the reception of the LNG floating terminal are not acceptable and would not be in accordance with European and Estonian law.

According to Elering, the solutions offered by Alexela for the construction and management of the haulage berth required for the reception of the LNG floating terminal are not acceptable and would not be in accordance with European and Estonian law.


Source: https://www.aripaev.ee/ by www.aripaev.ee.

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