News

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. ...


2020 net profit for Merko Ehitus grows to EUR 23 million

Merko Ehitus posted revenue of approximately EUR 106 million for Q4 2020, while total revenue for the whole year was EUR 316 million. The group’s Q4 2020 net profit was EUR 10 million and its annual net profit grew over 40%, amounting to EUR 23 million. In coordination with the supervisory board, the group’s management ...


Construction contract in Lithuania (car service building in Vilnius)

On 22 January 2021, UAB Merko Statyba, part of AS Merko Ehitus group, and UAB Tokvila (www.tokvila.lt) into a contract to perform construction works of a car service building in Vilnius, Lithuania. The contract value is over EUR 7.5 million, plus value added tax. The construction works are scheduled to be completed in February 2022. ...