News
Merko Ehitus builds the Arter quarter
Kapitel develops and Merko builds a high-quality and healthy working environment in Liivalaia, renamed the Arter quarter, for companies that value their employees. The quarter with a total leasable area of 38,000 sq m and a park will be completed in the Q3 2024. “Arter is a people-centred urban space in the centre of Tallinn. A ...
Merko Ehitus net profit for 2021 grows to EUR 29 million
Merko Ehitus posted revenue of EUR 113 million for Q4 2021 and the corresponding figure for the entire year was close to EUR 340 million. The group’s net profit for Q4 grew by 40% to EUR 14 million and the annual net profit by 27% to EUR 29 million. In 2021, Merko handed over 500 ...
MERKO has completed the restoration of the historic Kaunas barracks building
Under a contract signed last June between UAB Merko Statyba and the NATO Support and Procurement Agency (NSPA), the company renovated a cultural heritage barracks building in Kaunas. The historic building, listed in the Register of Cultural Heritage, was in dire need of repair – the walls had cracked and the roof had collapsed, and ...
MERKO wins two gold medals at the Lithuanian Product of the Year 2021 Awards
At the annual Lithuanian Product of the Year competition organized by the Lithuanian Confederation of Industrialists Vilneles slenis in Vilnius and Neringa Hotel and Restaraunt were awarded gold medals. The winners of this competition were announced for the 25th time, 53 companies representing 24 branches of the country’s industries were nominated for awards in fifteen categories.
New police building to open its doors in Kaunas
Today, Mindaugas Baršys, the Chief of Kaunas District Chief Police Commissariat (hereafter Kaunas District Chief Police Commissariat), officially accepted the symbolic key of the new building at Radvilėnų Plentas, handed over to him by the CEO of UAB Merko Statyba (hereafter MERKO), Saulius Putrimas. From now on, nearly one third of Kaunas County Police officers ...
MERKO projects won as many as 2 awards in the competition of Lithuanian Real Estate Development Association (LNTPA) and the Sustainable Development Academy ‘For Sustainable Development’.
The best real estate projects in Lithuania for 2021 were announced and awarded at the ceremony. The Lithuanian Real Estate Development Association (LNTPA) and the Sustainable Development Academy have been organising the ‘For Sustainable Development competition’ for 14 years. In the ‘For Sustainable Development’ competition, Vilnelės Slėnis was recognised as the best residential project in ...
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.