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

  • Hargreaves takes full Cat fleet
    November 12, 2012
    Hargreaves has made history by becoming the first mining project in Europe, Africa and the Middle East to invest in a total solution from the newly extended Caterpillar mining range. The seven year US$94.02million (£60mn) deal with Finning Equipment Solutions includes four new Cat 6030 hydraulic excavators and 19 777 Off Highway trucks, delivered earlier this year to the new Hargreaves’ Surface Mining Division for use at the Tower Colliery open cast mine site in Hirwaun, Rhondda Cynon Taff, South Wales. Fol
    Read More
  • Hargreaves make history with US$94.02mn Cat fleet deal
    June 22, 2012
    Hargreaves has made history by becoming the first mining project in Europe, Africa and the Middle East to invest in a total solution from the newly extended Caterpillar mining range. The seven year US$94.02million (£60mn) deal with Finning Equipment Solutions includes four new Cat 6030 hydraulic excavators and 19 777 Off Highway trucks, delivered earlier this year to the new Hargreaves’ Surface Mining Division for use at the Tower Colliery open cast mine site in Hirwaun, Rhondda Cynon Taff, South Wales.
    Read More
  • The road to climate change mitigation starts at Highways UK
    February 17, 2020
    David Arminas explored climate change innovation on display at Highways UK in Birmingham, England
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More

Highlighted Content