News

PST Group AB Initiates New Construction Project in Europe

PST Group AB Initiates New Construction Project in Europe

PST Group AB Secures Major Contract for Construction Project

PST Group AB has officially secured a contract valued at EUR 22.95 million for an exciting new venture in commercial construction. This partnership involves UAB Ekos LC, which is part of the Kosmelita group known for its Eurokos chain of beauty and cosmetics stores, and UAB Statservice, designated as the construction project manager.

New Commercial Building in Kaunas

The focus of this project is to construct a notable retail building located at Partizan? street 75 in Kaunas. This site is strategically positioned on a land plot adjacent to the bustling A1 trunk road, ensuring high visibility and accessibility for future patrons.

Key Project Details

This impressive structure will measure approximately 22,000 square meters, spanning four stories. The developers have set an ambitious timeline, with an estimated completion date of 14 months from the signing of the contract, marking a significant addition to the local landscape.

Sustainability Goals of the Project

A cornerstone of this endeavor is the commitment to sustainability. The project aims to achieve a top-tier BREEAM In-Use rating, which evaluates the environmental performance of buildings. By targeting the A++ energy performance class, PST Group AB demonstrates its dedication to innovative building practices that benefit both the environment and the community.

Leadership and Contact Information

For further inquiries regarding this project, interested parties can reach out to Tomas Stukas, the Managing Director of PST Group AB. He can be contacted directly at +370 618 21360 for any detailed information on the development and its vision.

Frequently Asked Questions

What is the main purpose of the contract signed by PST Group AB?

The contract aims to construct a new retail building in Kaunas, which will enhance the local commercial offerings.

What are the dimensions of the new building?

The new building will have a total area of approximately 22,000 square meters across four stories.

What is the anticipated completion timeline for the project?

The project is expected to be completed within 14 months from the signing of the contract.

What sustainability standard is being targeted for the building?

PST Group AB aims to achieve a BREEAM In-Use rating, focusing on high energy performance and sustainability.

Who can be contacted for more information on this construction project?

Tomas Stukas, the Managing Director, can be contacted via phone at +370 618 21360 for further details.

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