Merko Ehitus
Construction contract in Lithuania (residential complex with office premises in Vilnius)
DGAP-News: Merko Ehitus 22.12.2014 / 10:39 --------------------------------------------------------------------- Tallinn, Estonia, 2014-12-22 10:39 CET (GLOBE NEWSWIRE) -- On 19 December 2014, UAB Merko Statyba, which is a part of AS Merko Ehitus group, has entered into a joint contract with UAB 'Prodo' and UAB 'Baltic Petroleum', to perform the construction works of residential complex with office premises at Algirdo str. 42/Kauno str. 16 in Vilnius. Under the contract, UAB Merko Statyba will build a whole new block consisting of 9 buildings with common underground parking, with the total gross area of over 41,000 m². The value of the contract is approximately 15 million euros, plus value added tax. The start of construction works is scheduled in January 2015 and the completion is scheduled for beginning of 2017. Additional information: UAB Merko Statyba, Construction Director Mr. Jaanus Rästas, phone: +370 6875 0680. Signe Kukin Group CFO AS Merko Ehitus Tel: +372 650 1250 E-mail: signe.kukin@merko.ee 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. News Source: NASDAQ OMX --------------------------------------------------------------------- 22.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Merko Ehitus Estonia ISIN: EE3100098328 End of News DGAP News-Service --------------------------------------------------------------------- 308103 22.12.2014
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