Tallinn, Estonia, 2013-08-15 08:45 CEST (GLOBE NEWSWIRE) --
In the evening of 14th August 2013, a contract was signed by SIA Merks – part of the AS Merko Ehitus group – and SIA Polipaks NT for construction of the manufacturing and logistics center located in M?rupe region, Latvia.
Under the contract, SIA Merks will build polyethylene, polypropylene and biopolymer packaging production and logistics center and the office. The total gross area of the building will be 35,000 m².
The approximate contract value is EUR 17.8 million, plus value added tax. The works are scheduled for completion in February 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 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