All news
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08.11 2018
Merko Ehitus sales revenue and profit continued growth in Q3
Merko Ehitus Group posted revenue of EUR 115 million in Q3 and the nine-month figure was EUR 299 million. The group’s net profit in Q3 increased to 5.6 million and the nine-month net profit amounted to EUR 12.3 million. This year, Merko Ehitus has launched nine new residential development projects with a total of 840 …
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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 …