Tallinn, Estonia, 2014-03-05 16:41 CET (GLOBE NEWSWIRE) --
The Supervisory Board of AS Merko Ehitus Eesti decided to recall a member of the Management Board of AS Merko Ehitus Eesti Andres Agukas as of 7 March 2014. The change is part of reorganising the company´s management structure for the purpose of more effective management in general construction and civil engineering. Andres Agukas has decided to leave the company after a long and successful career in Merko.
The Management Board of the AS Merko Ehitus Eesti will continue with four members: Tiit Roben (The Chairman), Jaan Mäe, Alar Lagus and Veljo Viitmann. Tiit Roben will take in addition to company´s general management responsibility for the management of civil engineering business division, Jaan Mäe will be responsible in addition to residential construction and real estate development for general construction business division. Veljo Viitmann will continue managing the construction preparation division and Alar Lagus the finance division.
Due to Andres Agukas leaving the company, there will also be changes in the Supervisory Boards of AS Merko Ehitus Eesti subsidiaries AS Merko Infra and Tallinna Teede AS. Instead of Andres Agukas, Tiit Roben will be the new Member of Supervisory Board of AS Merko Infra as of 7 March 2014. The Supervisory Board of the AS Merko Infra will continue with three members: Tiit Roben (Chairman), Veljo Viitmann and Mihkel Mugur. The Supervisory Board of the Tallinna Teede AS will continue with three members: Tiit Roben (Chairman), Alar Lagus and Veljo Viitmann.
Tiit Roben has been the Chairman of the Management Board of AS Merko Ehitus Eesti since January 2012. In 2008-2012 he was the Chairman of the Management Board of AS Merko Ehitus. Tiit Roben has graduated from Tallinn University of Technology in the specialty of industrial and civil engineering. Tiit Roben is the member of Management Board of AS Merko Ehitus Eesti, OÜ Tähelinna Kinnisvara, OÜ Sõpruse Investeeringud, Estonian Association of Construction Entrepreneurs and Amistad Invest OÜ. He is also the member of the Supervisory Board of Tallinna Teede AS, AS Merko Tartu, OÜ Unigate, OÜ Mineraal and AS Gustaf. As the co-owner of Amistad Invest OÜ, Tiit Roben has control over 1500 shares of AS Merko Ehitus.
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 2013, the group employed 860 people and the 2013 revenue amounted to EUR 262.7 million.
Andres Trink
Chairman of Management Board
AS Merko Ehitus
+372 680 5400
andres.trink@merko.ee