TREV-2 to start a new section of Estonia’s Tallinn-Tartu highway

Estonia’s Road Administration and infrastructure company. TREV-2 Grupp has signed a €51 million contract for construction of a new four-lane section of highway between Kose and Ardu. The work will shorten the length of the of the Tallinn-Tartu highway by around 5km. The construction is scheduled in August 2017 with completion in 2020. The new section will allow speeds of up to 120kph, according to the government.
August 11, 2017 Read time: 2 mins
Estonia’s Road Administration and infrastructure company


TREV-2 Grupp has signed a €51 million contract for construction of a new four-lane section of highway between Kose and Ardu.

The work will shorten the length of the of the Tallinn-Tartu highway by around 5km.

The construction is scheduled in August 2017 with completion in 2020. The new section will allow speeds of up to 120kph, according to the government.

Civil engineering TREV-2 Grupp is based in Tallinn. Principal activities are construction of roads, bridges and railways, road maintenance, environmental construction and the extraction of mineral resources. The company employs about 360 people.

In March this year, BaltCap, a major private equity and venture capital enterprise in the Baltic region, acquired an additional 38% of the shares of TREV-2 Grupp from East Capital Explorer. The deal gave BaltCap a majority holding of nearly 75% inTREV-2 Grupp.

In April, Sven Pertens took over as chairman of TREV-2 Grupp. He was formerly chief executive of 3064 Lemminkäinen Estonia, part of the Finnish infrastructure group Lemminkäinen.

Finance & Funding

For more information on companies in this article

Related Content

  • Estonia: Nordecon to reconstruct Haabersti road intersection
    April 5, 2017
    The Estonian capital Tallinn, announced that Nordecon is the winner in the €19.8 million tender for reconstruction of the Haabersti road intersection. As part of the reconstruction, two tunnels - 38m and 54m – will be built for cyclists and pedestrians. Phase one of the project includes a 277m-long road bridge in the direction of Paldiski Road and phase two will construction of a roundabout with traffic lights. The project is co-financed by the EU Cohesion Fund and completion is set for October 201
    Read More
  • Finland reverses its plan to impose user-pay roads
    January 24, 2017
    The Finnish government has axed controversial plans to privatise the operation of a large number of major roads and turn them into user-pay infrastructure. But transport Minister Anne Berner also announced that the government would now keep a tax on new car sales. The tax was going to be scrapped as part of the move to make road users pay tolls. Berner had recently announced that the government would put the operation of major highways under a new stand-alone agency that would engage the private secto
    Read More
  • A new road tunnel will improve connections in Finnish city Tampere
    July 18, 2012
    Plans are in hand in Finland’s second largest city Tampere for a new road tunnel to boost transport connections. An agreement has been made between a consortium headed by contractor Lemminkäinen, the City of Tampere and Finnish Transport Agency. The alliance agreement is for the first stage of the VT12 Tampere tunnel project, which is expcted to cost in the region of €185 million. The consortium comprises Lemminkäinen, A-Insinöörit Suunnittelu and Saanio & Riekkola. The project will be divided into developm
    Read More
  • Egis buys Projacs to boost its Middle East presence
    August 5, 2015
    French engineering group Egis has acquired 51% of Projacs, a major project and construction management firm in the Middle East. Egis, based in Guyancourt, north of Paris, made the purchase for an undisclosed sum. The move follows the purchase in Brazil of highways contractor Lenc at the end of last year. Projacs, founded in 1984, is based in the Gulf Cooperation Council countries of Saudi Arabia, Bahrain, Oman, Qatar, United Arab Emirates and Kuwait, but also operates in neighbouring countries. It
    Read More

Highlighted Content