Tallinn, Estonia, 2015-02-18 07:56 CET (GLOBE NEWSWIRE) --
On 17 February 2015, a contract was signed by SIA Merks – part of AS Merko Ehitus group – and SIA Vastint Latvia to perform the construction works of a six-storey multifunctional building at 17A Antonijas street, Riga, Latvia.
The scope of works include construction of two apartment buildings, connected through the common first floor. The parking area and commercial premises will be located on the first floor and 123 fully finished apartments on the upper floors. On the roof, there will be a green garden. The approximate gross area of the building is 19 thousand square metres.
The expected value of the contract is EUR 11.4 million, plus value added tax. The works are to start in February 2015 and be completed in July 2016.
Additional information: SIA Merks, Chairman of the Management Board Mr. Oskars Ozoliņš, phone: +371 6737 3380.
Merit Kullasepp
Communications and Marketing Manager
AS Merko Ehitus
Phone: +372 650 1250
E-mail: merit.kullasepp@merko.ee
AS Merko Ehitus (http://group.merko.ee) consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba that is operating on the Lithuanian market and the real estate development business unit along with real estate holding companies. As at the end of the year 2014, the group employed 765 people and the company’s revenue for 2014 was EUR 252.3 million.
