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Construction contract in Latvia (Augstkalni wind farm foundations, electrical cables and roads)
On 10 July 2025 PS MB.MS, a joint venture entity of UAB Merko Statyba and SIA Merko Būve, both fully owned subsidiaries of AS Merko Ehitus group, and SIA WPR 2, a fully owned subsidiary of SIA Zaļā Elektrība, entered into the contract to perform the construction of foundations for 16 wind turbines, electrical cables ...
A new contract with ENERCON
On May 28, UAB Merko statyba signed a contract with ENERCON for the construction of foundations for two wind turbines in Darbėnai. The contract is valued at over EUR 1 million.
MERKO Reports Fivefold Increase in Apartment Sales in Lithuania During Q1 2025
In the first quarter of 2025, UAB Merko statyba generated €23 million in revenue from general contracting agreements and sold 74 apartments. “2024 was a record year for us in terms of work volume — we reached €270 million in revenue and completed several major projects, many of which are now either finalized or nearing ...
Start of construction of the fourth stage of the Vilneles Skverai residential project (Vilnius, Lithuania)
UAB Merko Būstas, part of AS Merko Ehitus group, has launched the fourth stage of the Vilneles Skverai residential project located on the outskirts of the Old Town of Vilnius. The new stage includes in total of six apartment buildings with 318 apartments. Merko has started the construction of the first part of the fourth ...
Construction contract in Estonia (Rail Baltica main line Tallinn-Pärnu section)
On 16 May 2025, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GRK Eesti AS, GRK Suomi Oy, NGE Contracting, Sweco Finland Oy, Sweco Sverige AB and TSO SAS signed a design and construction contract following alliance procurement model with OÜ Rail Baltic Estonia. The contract includes construction of the superstructure of ...
UAB Merko statyba has been recognized as one of the country’s top taxpayers contributing to national growth
On May 7, a Taxpayer Appreciation Day ceremony, organized by the Lithuanian Free Market Institute (LLRI) and the Vilnius Chamber of Commerce, Industry and Crafts (VPPAR), took place at Vilnius Town Hall. During the event, the most impactful taxpayers contributing to the country’s growth and budget were honored and awarded. Among them, UAB Merko statyba ...
MERKO has completed the construction of the “Vilnelės Skverai” Kaukysa stage homes
UAB Merko Statyba has completed the construction of the Vilnelės Skverai Kaukysa stage homes. Over 85% of the 303 apartments already have owners. It is great to see how the surrounding area has transformed over the past few years. Modern homes with spacious inner courtyards have been built on a former factory’s site.”We have constructed ...
Construction contract in Estonia (Rail Baltica main line Tallinn-Pärnu section)
Rail Baltic Estonia has announced that in the public procurement “Rail Baltica Ülemiste-Pärnu, Pärnu–Latvian border mainline design and build (Alliance)” with reference number 284278, the alliance, which includes AS Merko Ehitus Eesti, part of the AS Merko Ehitus group, and GRK Eesti AS, GRK Suomi Oy, NGE Contracting, Sweco Finland Oy, Sweco Sverige AB and ...
Merko Ehitus posts revenue of EUR 539 million for 2024
Merko Ehitus posted revenue of EUR 160.4 million and net profit of EUR 19.9 million in Q4 of 2024. The respective figures for the entire year 2024 were EUR 539 million and EUR 64.7 million. Approximately 90% of revenue came from sales of construction services and 53% was earned in Lithuania. In coordination with the ...
New MERKO Project in Vilnius – Šnipiškių URBAN
Merko proudly unveils Šnipiškių URBAN, a cutting-edge residential quarter set to redefine modern living in Vilnius. As the name suggests, the development offers the perfect blend of comfort, style, and convenience, with the first homes ready in Šnipiškės by late 2026. “Location is everything when it comes to choosing a home. With Šnipiškės undergoing a ...