News

MERKO’s main contracting projects in the first half of this year: NATO facilities and wind farms

In the first half of 2023, UAB Merko Statyba signed three new construction contracts collectively valued at over EUR 160 million. ”The prevailing scenario necessitates multifaceted contributions to fortify Lithuania’s security. Our foremost commitment involves building NATO facilities, designed to ensure troop preparedness and the presence of allied partners, thereby deterring potential provocations from hostile ...


MERKO signed a contract for the construction of a wind farm in Pagegiai municipality

On 13 July 2023 UAB Merko Statyba, part of AS Merko Ehitus group, and UAB LT Energija entered into the contract to perform the construction of foundations for 40 wind turbines, drainage and roads in a windfarm located in the Pagėgiai district, Lithuania. The contract value is approximately EUR 80 million, plus value added tax. ...


Merko Ehitus revenue and net profit sees growth in Q1 of 2023

Q1 2023 revenue for Merko Ehitus was EUR 76 million, representing 11% growth compared to the same period a year ago. Net profit for the first quarter was EUR 5.9 million – nearly double that of Q1 2022. Merko delivered 145 apartments to new homeowners in Q1. “Despite the good profit growth in Q1, we ...


New construction contract in Lithuania: Design and Build Services for the construction of new infrastructures for the training in Pabrade

On 14 February 2023, UAB Merko Statyba, part of AS Merko Ehitus group, and North Atlantic Treaty Organization (NATO) Support and Procurement Agency entered into a contract for Design and Build Services for the construction of new infrastructures for the training complex in Pabrade, Lithuania. The contract value exceeds EUR 110 million, plus the applicable ...


Merko Ehitus 2022 net profit exceeds EUR 34 million

Merko Ehitus posted revenue figures of EUR 143 million for Q4 and EUR 410 million for 2022 as a whole. Compared to the same period of the previous year, net profit in Q4 increased by 27% to EUR 17.6 million and for the year as a whole, by 19% to EUR 34.6 million. In 2022, ...