Extension of the powers of the Member of the Management Board of a group’s subsidiary entity


Tallinn, Estonia, 2014-07-31 15:15 CEST (GLOBE NEWSWIRE) --  

On 31 July 2014, the Supervisory Board of AS Merko Ehitus Eesti, part of AS Merko Ehitus group, decided to extend the powers of the Member of the Management Board, Mr. Alar Lagus for three years, i.e. till 31 July 2017. The Management Board of AS Merko Ehitus Eesti will continue with four members: Mr. Tiit Roben (The Chairman), Mr. Jaan Mäe, Mr. Veljo Viitmann and Mr. Alar Lagus.

AS Merko Ehitus (http://group.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
Phone: +372 650 1250
E-mail: andres.trink@merko.ee