All news
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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 …
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10.05 2018
Construction volumes’ growth of Merko Ehitus in Q1 of 2018 on par with expectations
Sales revenue of Merko Ehitus in Q1 of 2018 grew to EUR 80.3 million, bolstered by the pre-existing portfolio of construction contracts. The group’s net profit was EUR 1.1 million. In the first quarter, Merko companies signed new construction contracts worth EUR 22 million and the secured order book stood at EUR 292 million. “Considering …
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17.04 2018
Notice on convening a regular general meeting of shareholders of AS Merko Ehitus
The Management Board of AS Merko Ehitus, registry code 11520257, seated at Järvevana tee 9G, Tallinn, 11314, will convene a regular general meeting of shareholders of AS Merko Ehitus on Wednesday, 9 May 2018 at 10.00 at the Arcturus conference hall of Nordic Hotel Forum (Viru square 3, Tallinn). The circle of shareholders, entitled for …
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20.02 2018
Start of Basteja Life residential development project (Old town, Vilnius)
UAB Merko statyba, part of AS Merko Ehitus group, has started Basteja Life residential development project, located in the old town of Vilnius. The 3-storey apartment building at Strazdelio str. 5 will be completed by the end of 2019. The 3-storey mansard roof apartment building (www.bastejalife.lt) has 75 apartments and 87 underground parking spaces, two …