News
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 ...
Start of construction of the fourth stage of the Vilneles Skverai residential project (Vilnius, Lithuania)
UAB Merko Būstas, part of AS Merko Ehitus group, has launched the fourth stage of the Vilneles Skverai residential project located on the outskirts of the Old Town of Vilnius. The new stage includes in total of six apartment buildings with 318 apartments. Merko has started the construction of the first part of the fourth ...
Construction contract in Estonia (Rail Baltica main line Tallinn-Pärnu section)
On 16 May 2025, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GRK Eesti AS, GRK Suomi Oy, NGE Contracting, Sweco Finland Oy, Sweco Sverige AB and TSO SAS signed a design and construction contract following alliance procurement model with OÜ Rail Baltic Estonia. The contract includes construction of the superstructure of ...
Merko Ehitus posts Q1 revenue of EUR 85.2 million
Merko Ehitus posted revenue of EUR 85.2 million and net profit of EUR 10.5 million in Q1 2025. Real estate development accounted for 30% of the group’s Q1 revenue, having more than doubled in this category compared to the same period a year ago. “Merko’s Q1 results are characterised primarily by increased activity on the ...
UAB Merko statyba has been recognized as one of the country’s top taxpayers contributing to national growth
On May 7, a Taxpayer Appreciation Day ceremony, organized by the Lithuanian Free Market Institute (LLRI) and the Vilnius Chamber of Commerce, Industry and Crafts (VPPAR), took place at Vilnius Town Hall. During the event, the most impactful taxpayers contributing to the country’s growth and budget were honored and awarded. Among them, UAB Merko statyba ...