Tallinn, Estonia, 2013-04-19 12:00 CEST (GLOBE NEWSWIRE) --
On 18 April 2013, AS Merko Ehitus Eesti – part of the AS Merko Ehitus group – and Logistika Haldus OÜ, concluded a contract for the construction works of Nurmevälja logistics center at Välja road 1, Iru village, Jõelähtme parish.
Under the contract, the gross area of the logistics center to be built is 24,000 m² and in addition to storage area, the building will also accommodate offices, meeting facilities, dressing rooms, utility rooms and other necessary facilities.
In the agreement between the parties, the exact price of the contract is not disclosed, but the contract value will remain in the range of EUR 7-8 million, plus VAT and the works are scheduled for completion in Q1 2014.
Additional information: AS Merko Ehitus Eesti, Director of General Construction Division Tarmo Pohlak, phone +372 680 5105
AS Merko Ehitus (www.merko.ee) comprises the leading Estonian construction company AS Merko Ehitus Eesti, the Latvian market based SIA Merks and the Lithuanian market based UAB Merko Statyba as well as the group’s real estate development business unit together with companies holding real estate properties. As at the end of 2012, the group employed 915 people and the 2012 revenue amounted to EUR 249.13 million.
Marko Pern
Financist
+372 650 1254
marko.pern@merko.ee
