News

Vilnelės slėnis became the winner of the competition „For Sustainable Development” organized by LNTPA.

At the competition of the best real estate project „For Sustained Development” („Už darnią plėtrą“) organized by the Lithuanian Real Estate Development Association (LNTPA) and Academy of Sustainable Development Vilneles slenis in Vilnius was awarded as the best residential project.   All projects in the housing, commercial, multifunctional, and public real estate project categories have ...


MERKO signed EUR 90 million worth of contracts in the first nine months of the year

Merko Statyba UAB signed EUR 90 million worth of contracts in the first three quarters of this year.  This is 56% more than in the same period last year, when the amount of such contracts was EUR 40 million. Merko statyba’s three-quarter turnover from general contracting this year amounted to EUR 43 million, compared to ...


Net profit for Merko Ehitus at nine-month mark exceeds EUR 15 million

Third-quarter revenue for Merko Ehitus was EUR 81 million and net profit for the same period was EUR 5.5 million. The revenue for the first nine months of 2021 grew by 8% to EUR 227 million and net profit by 17% to over EUR 15 million. This year in the three Baltics, Merko has launched ...


MERKO signed a contract for the construction of a wind farm in Akmene municipality

UAB Merko statyba has signed an agreement with UAB Vėjo parkai, which belongs to Enefit Green,  Enefit’s renewable energy subsidiary, for the construction of a wind farm in Akmene municipality. The value of the contract is more than 19 million EUR. There are plans to build fourteen wind power plants in total.


MERKO continues development in Markučiai and will offer 200 more apartments

UAB Merko būstas continues its investments in the territory of the conversion project “Architektūros parkas” initiated by Vilnius City Municipality and starts the 3rd stage of construction of the residential quarter “Vilnelės skverai”. The 3rd construction phase consists of six five- to six-storey buildings with 209 apartments. Potential buyers will be offered one-, two-, three- ...


MERKO is to build one more wind farm – in Jonava municipality

UAB Merko statyba has signed an agreement with UAB Potentia industriae, which belongs to European Energy, a Danish-owned renewable energy company, for the construction of a wind farm in Jonava municipality. The value of the contract is more than 4 million EUR. This is the 5th contract signed by UAB Merko statyba for the construction ...


UAB Merko statyba turnover for H1 grew by 30%

In the first half of 2021, the turnover of UAB Merko statyba reached EUR 24 million and was 30% higher than in the same period last year (EUR 16.7 million). “Turnover grew because of new contracts signed this year and because of projects which were started in 2020 and are being continued this year. Customers ...


Merko Ehitus revenue and net profit up for both Q2 and H1

Q2 revenue for Merko Ehitus was EUR 86 million and net profit was EUR 6.4 million. The revenue for H1 grew by 12% to EUR 146 million and net profit by 19% to EUR 9.8 million. This year, Merko has sold 150 apartments and launched the construction of more than 800 apartments. “The construction sector ...


MERKO will install the foundations of the wind farm in Mažeikiai district

According to the signed contract with the German company Nordex Lithuania, UAB Merko statyba will install the foundations of the wind farm in Mažeikiai district. The value of the contract exceeds 7 million euros. It is planned to install the foundations of 14 wind power plants. In this project UAB Merko statyba is responsible for ...


MERKO signed a contract for the construction of a wind farm in Šilalė municipality

UAB Merko statyba has signed an agreement with UAB Šilalės vėjas, which belongs to Enefit Green,  Enefit’s renewable energy subsidiary, for the construction of a wind farm in Šilalė municipality. The value of the contract is more than 15 million EUR. There are plans to build twelve wind power plants in total. Linas Sabaliauskas, Member ...