News

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 ...


MERKO is building a wind farm in Jonava municipality

On 18 June 2021 UAB Merko statyba, part of AS Merko Ehitus group, and UAB “Geotyrimų centras“, entered into a contract to perform the wind farm balance of plant construction works, in Jonava district in Lithuania. The contract value is more than EUR 2 million, plus value added tax. The project is scheduled to be ...


MERKO is building a wind farm for UAB Anykščių vėjas

UAB Merko statyba is building a wind farm in Anykščiai Municipality under the agreement with the private company UAB Anykščių vėjas. The value of the contract exceeds 4 million EUR; the works are planned to be completed in September 2021. Nine wind power plants are planned to be built; their height will reach 230 meters, ...


MERKO signed new contracts for EUR 23 million in the 1st quarter of this year

In the 1st quarter of this year, UAB Merko statyba signed three new construction contracts with a total value of EUR 23 million. In Kaunas Free Economic Zone, the company is building an industrial facility for UAB Continental Automotive Lithuania; in Vilnius, Savanorių Avenue, works have already started on the construction site of a new ...


Merko Ehitus experiences increase in sales revenue and profit for Q1 2021

In Q1 2021, Merko Ehitus posted sales revenue of 60 million euros and net profit of 3.4 million euros, increasing by 7% and 67%, respectively, compared to the previous year. In three months, Merko sold 90 apartments and started construction of more than 560 apartments. The volume of the secured order book and new contracts ...


MERKO in Lithuania sold 2.5 times more apartments last year than in 2019

In 2020, MERKO sold 381 apartments in Lithuania under notarised contracts and earned annual income EUR 48 million from this sale. This was 2.5 times more than in 2019, when 154 apartments were sold under notarised contracts. Successful sale is the result of consistent purposeful work “Many years of experience in the market enable us ...


UAB Merko statyba has signed a contract with UAB Continental Automotive Lithuania

UAB Merko statyba has signed a contract with UAB Continental Automotive Lithuania for the construction of a production building in Kaunas district. The value of the contract exceeds 10 million. The works are planned to be completed in 2022 in the first half. “As a general contractor, we have built many business buildings in Lithuania. ...