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

  • Philippines to rethink Laguna Expressway highways work
    May 3, 2016
    The Philippines might separate a 47km six-lane road construction element from a complicated land reclamation and dike development contract recently shunned by preferred bidders. None of the three qualified bidders for the Laguna Lakeshore Expressway Dike public-private partnership deal submitted final bids for the contract. There were concerns over the legality of reclaiming 700 ha of land and whether investors could make money from it.
    Read More
  • Central Ring Road to become one of most important projects in modern history of road-building in Russia
    December 16, 2014
    Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB). Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
    Read More
  • Planning works start for a second Niger Bridge
    August 17, 2012
    The Federal Government of Nigeria gave the go-ahead for work to start on the planning and design of a new Niger bridge. The country’s leaders have approved a US$2 million (Nigerian Naira N325 million) “transactional advisory services” contract to assess how to design and build, finance and operate a “Second Niger Bridge.” Contractor Roughton International Limited has been given 16 months to come back with a detailed schedule of how to progress.
    Read More
  • Closer ties with Highways England Collaborative Delivery Framework
    April 13, 2017
    Highways England is reconsidering its procurement to encourage innovation and ultimately deliver more for less. Kristina Smith spoke to client, contractors and material suppliers to find out more. A group of senior managers is being addressed by a local resident who lives close to some proposed road works. The resident is angry, persistent and quite rude. The question is: how will these managers respond?
    Read More

Highlighted Content