Tallinn, Estonia, 2013-12-30 07:38 CET (GLOBE NEWSWIRE) --
On 28 December 2013, SIA Merks, which is a part of AS Merko Ehitus group, and Dzintaru 28 SIA entered into a contract to perform the construction works of four apartment buildings (total 93 apartments) located at 28 Dzintaru street, Jurmala, Latvia. Under the contract, SIA Merks will build one three-storey and three four-storey apartment buildings with the total gross area of 13 415 m².
The approximate value of the contract is 13.7 million euros, plus value added tax. The construction works will start in January 2014 and are scheduled for completion in July 2015.
AS Merko Ehitus (www.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 2012, the group employed 915 people and the 2012 revenue amounted to EUR 249.1 million.
Additional information: SIA Merks, Chairman of Board Mr. Oskars Ozoli?š, phone: +371 6737 3380.
Merit Välba Communications and Marketing Manager AS Merko Ehitus Phone: +372 6501 250 E-mail: merit.valba@merko.ee