News

MERKO finished construction works of new school in Vilnius

A new school in the parcel of land at the address Medeinos St. 14, Pašilaičiau Micro-district, was constructed faster than within one year, i.e. on the first days of July 2019 the company Merko statyba finished the works started on 28 August las year; on 27 August 2019 the building was officially transferred to the ...


Merko Ehitus posted six months’ revenue of EUR 154 million

Merko Ehitus posted revenue of EUR 77 million in Q2 and EUR 154 million for the first six months of 2019. The group’s profit before taxes in Q2 was EUR 4.5 million and profit before taxes for six months was EUR 7.5 million; net profit amounted to EUR 1.7 million and EUR 4.5 million, respectively. ...


Most desirable employer in the construction sector in 2019

The most desirable employers of this year by separate sectors were announced during the conference “Personnel 2019” held on 4 June 2019. The winners were selected according to the methodology based on the financial indicators, indicators of changes in the wages and the number of employees and drawn up by Verslo žinios and the data ...


Merko Ehitus Q1 profit grew to EUR 2.8 million

In Q1 of 2019, Merko Ehitus posted revenue of EUR 77 million and net profit of EUR 2.8 million. The number of apartments delivered to buyers in Q1 of this year grew more than 20% year-over-year. “Nearly 4% decrease in revenue in the first quarter was expected, considering the trend of decreasing construction orders on ...


“Vilneles slenis” – the best BIM project in the category residential buildings

The project of the company MERKO, i.e. the residential quarter Vilnelės slėnis, was acknowledged as the best BIM project of the previous year in the category of residential buildings in the awards of the competition “Lithuanian BIM* Projects 2019” held during the conference “Digital Construction 2019” ‘Application of the Building Information Modelling (BIM) methodology and ...


Project Rinktinės URBAN was announced winner in the For Cohesive Development contest

Rinktinės URBAN, a project by Merko Statyba, became the winner in the Project of the Future category at For Cohesive Development, a contest held by the Lithuanian Real Estate Development Association (LREDA). ‘It is symbolic that it was the Rinktinės URBAN project that won in the Project of the Future category. Indeed, we have started ...


„ibis Vilnius Centre“ – first certificated BREEAM hotel in Baltic states

The hotel ibis Vilnius Centre constructed by the company MERKO was awarded the BREEAM (Building Research Establishment Environmental Assessment Method) New Construction final certificate, rating Good. This is the first BREEAM certified hotel in the Baltic States. This certificate assesses the environmental impact of the building, comfort and well-being of employees and visitors, energy efficiency ...


Public–private partnership (PPP) contract in Lithuania

UAB Merko statyba, part of AS Merko Ehitus group, and Police Department under the Ministry of the Interior of the Republic of Lithuania (public entity) have entered into a public–private partnership (PPP) contract to perform the design and construction works of the new Kaunas district Police headquarters at Radvilenu ave. 1, Kaunas, with later maintenance ...


Merko Ehitus sales revenue and profit continued growth in Q3

Merko Ehitus Group posted revenue of EUR 115 million in Q3 and the nine-month figure was EUR 299 million. The group’s net profit in Q3 increased to 5.6 million and the nine-month net profit amounted to EUR 12.3 million. This year, Merko Ehitus has launched nine new residential development projects with a total of 840 ...