Merko Group Secures Major Wind Farm Construction Contract

Merko Group's New Contract for Wind Farm Construction
PS MB.MS, a collaborative entity formed by UAB Merko Statyba and SIA Merko B?ve, along with SIA WPR 2, has recently made headlines with a substantial construction contract. This contract entails the building of foundations for 16 wind turbines, alongside installation of electrical cables and roads in a significant wind farm project located in Latvia's Smiltene parish.
Project Details and Contract Value
The contract, valued at over EUR 30 million plus VAT, positions the Merko group firmly within the growing renewable energy sector. The project is projected to reach completion in the second quarter of 2027, emphasizing a long-term commitment to enhancing green energy infrastructure.
Significance of the Project
With the world's increasing focus on sustainable energy, this project represents a significant step in the direction of reducing carbon footprints and promoting clean energy sources. Wind farms play a crucial role in the shift toward renewable energy solutions, and Merko Group's involvement highlights their expansion into this vital sector.
About UAB Merko Statyba
UAB Merko Statyba is a renowned construction firm specializing in general and residential construction across the Baltic states. Established as a leader in constructing wind turbine foundations, the company boasts an impressive portfolio with over 200 foundations already installed. Their team of specialized professionals is instrumental in delivering high-quality construction projects.
Company Leadership and Expertise
Mr. Jaanus Rästas serves as the Construction Director at UAB Merko Statyba. For inquiries, he can be reached at +370 6875 0680, showcasing the company's commitment to customer service and project management.
About SIA Merko B?ve
SIA Merko B?ve is a reputable Latvian construction company that also specializes in general and residential construction. They have rapidly evolved to establish themselves as a significant player in the regional construction market.
Contact Information
The Member of the Board at SIA Merko B?ve, Mr. J?nis Zilgme, is available for any professional discussions at janis.zilgme@merkobuve.lv.
Merko Group Overview
AS Merko Ehitus, operating under the ticker Tallinn:MRK1T, is dedicated to constructing high-quality buildings and infrastructure while pioneering innovative real estate solutions. As a well-established entity in Estonia, Latvia, and Lithuania, the group employed around 605 individuals by the end of the previous year, achieving a remarkable revenue of EUR 539 million. Their vision is to create better living environments and contribute positively to future developments.
Frequently Asked Questions
What is the value of the construction contract?
The contract is valued at over EUR 30 million, plus VAT.
What does the construction project entail?
The project includes the construction of foundations for 16 wind turbines, electrical cable installations, and access roads.
When is the expected completion date for the project?
The project is projected to be completed in the second quarter of 2027.
Who are the main companies involved in this project?
The main entities are PS MB.MS, UAB Merko Statyba, SIA Merko B?ve, and SIA WPR 2.
How can I contact the companies involved?
Contact details for company representatives like Mr. Jaanus Rästas and Mr. J?nis Zilgme have been provided for any inquiries.
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