Construction contract in Lithuania (sports hall of The American International School of Vilnius)


Tallinn, Estonia, 2014-08-25 15:15 CEST (GLOBE NEWSWIRE) --  

On 20 August 2014, UAB Merko statyba, which is a part of AS Merko Ehitus group, and VsI Tarptautine Amerikos mokykla Vilniuje, has signed a contract to perform the construction works of sports hall of The American International School of Vilnius. According to the agreement with the client, AS Merko Ehitus has the right to disclose the information starting from 25 August 2014.

Under the contract, UAB Merko statyba will build a sports hall with the gross area of 1692 m². The value of the contract is approximately 2.2 million euros, plus value added tax. The works are scheduled to start in October 2014 and to complete in August 2015.

AS Merko Ehitus (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.

Additional information: UAB Merko Statyba, General Director Mr. Saulius Putrimas, phone: +370 6823 4742.

Signe Kukin
Group CFO
AS Merko Ehitus
Tel: +372 650 1250
E-mail: signe.kukin@merko.ee