All news
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01.10 2018
Construction contract in Lithuania (school building in Vilnius)
UAB Merko statyba, part of AS Merko Ehitus group, and UAB “Krajama” have entered into a contract to perform the construction works of a new private school building, located at Luksines st. 29, Vilnius. The contract value is over EUR 7.4 million, plus value added tax. The works are scheduled to be completed by the …
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01.10 2018
Construction contract in Lithuania (school building in Vilnius)
UAB Merko statyba, part of AS Merko Ehitus group, and the Office of Finance and Administrative Services of the Archdiocese of Vilnius have entered into a contract to perform the construction works of a new school building, located at Medeinos str. 14, Vilnius. The contract value is over EUR 4 million, plus value added tax. …
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06.09 2018
Start of construction of Vilneles slenis residential project (Vilnius)
UAB Merko būstas, part of AS Merko Ehitus group, has started Vilneles slenis residential development project on the outskirts of the Old Town of Vilnius at Pakrascio st. 20. The start of construction of six residential buildings is scheduled for September 2018 and completion date is scheduled for the first half of 2020. Vilneles slenis …
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09.08 2018
Merko Ehitus revenue and net profit in both Q2 and first half-year higher than last year
Merko Ehitus posted higher revenue and net profit figures for Q2 and first six months compared to last year. Revenue in Q2 was EUR 103.3 million and in first half-year EUR 183.7 million; Q2 net profit was EUR 5.6 million and 6-month net profit EUR 6.7 million. The group earned over half of its 6-month …
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01.08 2018
Hotel ibis has been constructed and transferred to the Customer
In Vilnius, the company MERKO has finished construction of the hotel ibis belonging to the company Orbis S.A. and transferred it to the customer Hekon UAB for the amount of EUR 8.7 million. The new hotel was constructed in the neglected area at the junction of Rinktinės and Šeimyniškių streets. Construction of modern residential houses …
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18.07 2018
Hotel sale-purchase agreement signed in Vilnius
On 16 July 2018, UAB Merko bustas, part of AS Merko Ehitus group, and UAB Hekon, subsidiary of Orbis S.A., signed a sale-purchase agreement on sale of Merko bustas developed “ibis” hotel at Rinktinės str. 18, Vilnius, together with parking places and part of the land plot. The sale price of the hotel is 8.7 …