Construction contract


On 7 October 2010, AS Maardu Vesi and the consortium of AS Merko Ehitus / AS
Merko Infra concluded a contract of services, for the construction of the
Maardu city water project Muuga housing area water- and sewer pipelines and
facilities. 

Price of the contract is EEK 207.68 million (without customers 7% reserve and
without VAT). Completion time for the works is set on autumn 2012. 

According to the contract, 32 km water pipelines, 76 km sewage pipelines and 15
sewage pumping stations will be built. With the project it is made possible to
join the sewage network for 2880 properties and with the water network for 940
properties. Additionally 440 existing water network property connections will
be reconstructed. 

1 EUR = 15.6466 EEK

Marko Pern
Financist
+372 6 805 130
marko.pern@merko.ee
GlobeNewswire

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