Construction contract in Lithuania (production building in Kaunas district)

On 8 February 2021, UAB Merko statyba, part of AS Merko Ehitus group, and UAB Continental Automotive Lithuania entered into a contract to perform construction works of a production building in Kaunas district, Lithuania.
  
The contract value is over EUR 10 million, plus value added tax. The project is scheduled to be completed in first half of 2022.
  
UAB Merko statyba (merko.lt) is Lithuanian construction company, which offers construction services in the fields of general construction and residential construction.
  
Additional information: UAB Merko Statyba, Construction Director Mr. Jaanus Rästas, phone: [phone].
  
Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
[phone]
[e-mail]

AS Merko Ehitus (group.merko.ee) group consists of AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in Lithuania and Peritus Entreprenør AS in Norway. Besides providing construction service as a main contractor, the group’s other major area of activity is apartment development. As at the end of 2019, the group employed 694 people, and the group’s revenue for 2019 was EUR 327 million.