News
MERKO has signed contracts for the second phase of the Rūdninkai Defence Force Campus – Parts B and C
On January 15, 2026, UAB Merko Statyba, part of the AS Merko Ehitus group, and the Lithuanian Ministry of Defence signed two separate public-private partnership (PPP) contracts for the design and construction of Parts B and C of the Rūdninkai Defence Force Campus, as well as maintenance services during the contract period. „The fact that ...
Saulius Putrimas, Head of MERKO in Lithuania, Recognized as CEO of the Year 2025
Verslo žinios has announced CEO of the Year for the fifteenth time – a leader who has created the most value over the past year for employees, shareholders, and society. This year’s award goes to Saulius Putrimas, CEO of Merko Statyba. “CEO of the Year is a project about business that not only generates profit ...
MERKO has completed the works in Pabradė – Lithuania unveils brand new military infrastructure in Pabradė for U.S. forces
New military infrastructure developed in Pabradė for the U.S. forces in Lithuania has been solemnly unveiled. It includes three buildings of barracks, a multifunctional facility with a gym, classrooms, mess halls, technical maintenance area, helipads, and more. “Infrastructure of the Pabradė Training Area is about to become one of the most advance military sites ...
Merko Lithuania 9 months results
The turnover of UAB Merko statyba from general contracting agreements for the first three quarters of 2025 amounted to EUR 75.4 million. During this period, preliminary sales agreements were signed for 177 apartments. “Our business is project-based. Implementing a large-scale construction project takes two to three years, and the company’s turnover varies significantly as a ...
Merko Ehitus posts 9 months revenue of EUR 242 million
Merko Ehitus generated revenue of EUR 74 million in the third quarter of 2025 and EUR 242 million in the first 9 months of the year. Net profit for Q3 amounted to EUR 15.0 million, while net profit for the 9-month period was EUR 36.7 million. At the end of the third quarter, the group’s ...
MERKO in Lithuania Quadruples Apartment Sales in First Half of 2025
In the first half of 2025, UAB Merko statyba generated €46.1 million in revenue from general contracting agreements. During this period, 136 apartments were sold. “During the first half of the year, we focused primarily on residential projects developed by MERKO,” said Saulius Putrimas, Head of MERKO in Lithuania. “In Markučiai, we have begun construction ...
Merko Ehitus’ half-year revenue totalled EUR 168 million
Merko Ehitus generated revenue of EUR 83 million in the second quarter of 2025 and EUR 168 million in the first half of the year. Net profit for Q2 amounted to EUR 11.2 million, while net profit for the six-month period was EUR 21.7 million. The share of real estate development in revenue and profit increased ...
Construction contract in Latvia (Augstkalni wind farm foundations, electrical cables and roads)
On 10 July 2025 PS MB.MS, a joint venture entity of UAB Merko Statyba and SIA Merko Būve, both fully owned subsidiaries of AS Merko Ehitus group, and SIA WPR 2, a fully owned subsidiary of SIA Zaļā Elektrība, entered into the contract to perform the construction of foundations for 16 wind turbines, electrical cables ...
A new contract with ENERCON
On May 28, UAB Merko statyba signed a contract with ENERCON for the construction of foundations for two wind turbines in Darbėnai. The contract is valued at over EUR 1 million.
MERKO Reports Fivefold Increase in Apartment Sales in Lithuania During Q1 2025
In the first quarter of 2025, UAB Merko statyba generated €23 million in revenue from general contracting agreements and sold 74 apartments. “2024 was a record year for us in terms of work volume — we reached €270 million in revenue and completed several major projects, many of which are now either finalized or nearing ...