Latvia
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Lidl commence construction of logistics centre in Latvia
Today, on 19 October, Lidl, one of the largest retailers in Europe, and the construction company “Merks” officially commence the construction of the Lidl logistics centre in Latvia. Planned investments in the development of the logistics centre exceed 55 million euro. The company, which aims to offer consumers high quality products at the lowest possible …
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“Merks” as the first general constructor has been assessed with BIM basic competency
Building Industry Digitalization Association has assessed the company “Merks” experience and processes for working in the Building Information Modelling environment (BIM), assigning, as for the first of general constructors, the level of BIM basic competency. Building information modelling becomes more significant for successful object designing, work scheduling, estimation and construction work performance, allowing significantly reduce …
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Construction company “Merks” is entrusted with the construction of “Lidl” logistics centre in Riga
Retail company “Lidl” and construction company “Merks” have concluded a contract on the construction of a new logistics centre in Riga, on Ulbrokas Street. The contract stipulates the construction of a 47,000 m² logistics centre by investing 42.5 million euros plus value added tax. Marius Kybartas, Chairman of the Board of SIA “Lidl Latvia”: “Today …
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Merko Ehitus revenue and net profit in both Q2 and first half-year higher than last year
Merko Ehitus posted higher revenue and net profit figures for Q2 and first six months compared to last year. Revenue in Q2 was EUR 103.3 million and in first half-year EUR 183.7 million; Q2 net profit was EUR 5.6 million and 6-month net profit EUR 6.7 million. The group earned over half of its 6-month …
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“Skanstes Parks” – the most energy efficient apartment building in Latvia
The building at 12 Grostonas street within the project “Skanstes Parks” won the first place in the contest ”The Most Energy Efficient Building in Latvia” in the nomination the residential new building. The construction company “Merks” that was in charge of the project “Skanstes Parks” development and construction took into account highest quality standards to …
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Construction volumes’ growth of Merko Ehitus in Q1 of 2018 on par with expectations
Sales revenue of Merko Ehitus in Q1 of 2018 grew to EUR 80.3 million, bolstered by the pre-existing portfolio of construction contracts. The group’s net profit was EUR 1.1 million. In the first quarter, Merko companies signed new construction contracts worth EUR 22 million and the secured order book stood at EUR 292 million. “Considering …
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“Skanstes Parks” and “Relais le Chevalier” receive the highest awards in the competition “The Best Building of a Year in Latvia 2017”
In the competition “The Best Building of a Year in Latvia 2017” buildings of the 2nd stage in project “Skanstes Parks” gave received the 1st place in category “New Residential Building”, while hotel “Relais le Chevalier” in Kaļku Street 20 got the 3rd place in the category “Reconstruction”. “Every new, challenging building provides for the …
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First three buildings of “Gaiļezera nami” have been commissioned for operation
First three nine-storey buildings of the project “Gaiļezera nami”, accommodating 95 apartments in total and developed by the construction company “Merks”, have been commissioned for operation. The project includes 2-4 room apartments with the area ranging from 60-100m²; the total area occupies 5,996 m². Facilitated territory spreads over 7,766 m², featuring children playgrounds, pathway along …
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Merko Ehitus 2017 revenue exceeded EUR 300 million, proposing to pay 1 euro in dividends per share
The revenue figures of Merko Ehitus for both Q4 of 2017 and the entire 12-month period of that year outstripped the totals for the same periods of the previous year by more than a quarter – Q4 sales revenue was EUR 102.8 million and the 12-month figure EUR 317.6 million. The last time sales revenue …
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A partner who wins the right to drive Toyota Hilux has been found out
The construction company “Merks” highly appreciates the work quality of its business partners. In order to acknowledge their professionalism, every quarter of the year “Merks” chose the best co-operation partners, which took part in the lottery to win the use of the car Toyota Hilux or Toyota Proace for two years. “The criteria that were …