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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 signed 160 million euro worth of contracts in the first quarter of the year
In the first quarter of 2023, UAB Merko statyba signed three new construction contracts with a total value of over EUR 160 million. “We have been working on most of the contracts since the beginning of 2022, and it was only in the first quarter of this year that the work reached its final stage, ...
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 ...
Construction contract in Lithuania (wind farm foundations, electrical cables and roads)
On 28 March 2023 UAB Merko Statyba, part of AS Merko Ehitus group, and UAB Vėjas LT, part of E energija group, entered into the contract to perform the construction of foundations for 16 wind turbines, electrical cables and roads in a windfarm located in the Kelmė district, Lithuania. The contract value is approximately EUR ...
Head for MERKO Lithuania: ‘I would describe the year 2022 as the year of many contradictions’
In 2022, the turnover of Merko statyba UAB from general contract agreements reached EUR 70 million and was 6% bigger than in the same period last year (EUR 66 million). ‘The financial year of 2022 was good for MERKO Lithuania, and it was determined by the successful activity not only last year, but also in ...
MERKO wins gold medal at the Lithuanian Product of the Year 2022 Awards
At the annual Lithuanian Product of the Year competition organized by the Lithuanian Confederation of Industrialists “Continental Automotive Lithuania” production building in Kaunas was awarded the gold medal. The winners of this competition were announced for the 26th time, 84 companies representing different branches of the country’s industries were nominated for awards.
MERKO completed the construction of Tokvila automotive Repair Centre in Vilnius
UAB Merko statyba has completed the construction of a new pre-owned car sales and body repair centre at Savanorių prospektas, Vilnius, owned by Tokvila company. This is the largest in the Baltic States. The new centre, which covers more than 11,000 square metres, will have an enclosed, heated area for the displaying and storing up ...