News
Residential apartments buildings complex at Vilnius Old Town
On 12th August 2015, UAB Merko statyba, which is a part of AS Merko Ehitus group, has entered into a contract with UAB Opportunity Development Institute, to perform the construction works of residential apartments buildings complex at Boksto str. 14, Vilnius. The start of construction works is scheduled in September 2015 and the completion is ...
MERKO EHITUS revenue for the first half-year grows to eur 116.2 million
Sales revenue for Merko Ehitus for H1 rose to EUR 116.2 million and the Q2 figure reached EUR 70.6 million, while the group’s net profit was EUR 2.4 million for H1 and EUR 1.6 million for Q2. The share of construction service revenue earned outside Estonia rose to 31% in the first half-year. Revenue from ...
Foundations of wind turbine generators in Šilute wind farm
On 10 July 2015, UAB Merko Statyba, part of AS Merko Ehitus group, has entered into a contract with GE WIND ENERGY GmbH, to perform the civil works in Šilute wind farm in Lithuania. Under the contract, UAB Merko Statyba will perform construction works of 24 reinforced concrete foundations for wind turbine generators. The value ...
New six-floor residential building for you in the city centre
New six-floor residential building with an underground car parking and enclosed courtyard with secured area will be situated next to Konstitucijos Avenue. Here are designed comfortable 1 – 5 room apartments with spacious recessed balconies. The residential building at Krokuvos St. 73 is constructed under the latest and advanced solutions by the project developer Merko for ...
2015 3 months consolidated unaudited interim report
The results posted by the Merko Ehitus group in the first quarter of 2015 are in line with expectations and reflect developments on the Baltic construction market in 2014 – a lower volume of orders and pressure on margins from price competition – which will continue to have an effect in 2015 and likely in ...
Audited annual report 2014 and profit allocation proposal
On 7 April 2015 the Supervisory Board of AS Merko Ehitus approved the annual report 2014 and profit allocation proposal prepared by the Management Board of AS Merko Ehitus. The Supervisory Board decided to present the annual report and profit allocation proposal as prepared by the Management Board for the approval of the general meeting ...
Results
The Q4 2014 sales revenue of Merko Ehitus was EUR 70.1 million, with a figure of EUR 252.3 million for the financial year. Net profit grew by 96% in the fourth quarter to EUR 4.8 million and for the financial year by 19% to EUR 12.4 million. The Management Board of AS Merko Ehitus proposes ...
Nasdaq Baltic Announced the Baltic Market Awards Winners
Merko Ehitus Nasdaq Baltic Announced the Baltic Market Awards Winners – Merko achieved the third place in “The Best Investor Relations in the Baltic Market” and the second place in “The Best Interactive Investor Relations”. The Baltic stock exchanges have been carrying on the Baltic Market Awards project since 2006. The Baltic average score in ...
Merko maintained profitability in Q3 despite complicated market situation
Merko Ehitus reported revenue of EUR 182.2 million for the first nine months of 2014 and EUR 68.5 million in the third quarter. Compared to the first nine months of 2013, revenue from general construction activities has increased by 43.3% and that from real estate development activities by 36.3%. The share of total revenue earned ...
Start of Kražių Namai apartment development project (Vilnius city centre)
Merko Bustas, part of AS Merko Ehitus group, has launched and started construction of the Kražių Namai development project, located in the city centre and near the old town of Vilnius. Modern Kražių Namai apartment development project will be one of the first residential buildings in Lithuania with energy class A. Kražių Namai development project ...