Start of liquidation of Russian subsidiary (OOO Lenko Stroi)


Tallinn, Estonia, 2017-11-22 09:04 CET (GLOBE NEWSWIRE) --  

AS Merko Ehitus supervisory board has decided to start liquidation procedures of 100% owned subsidiary based in Russia, OOO Lenko Stroi.

OOO Lenko Stroi (registry number 1129847028288) has not carried out any substantive business activity since foundation. Expenditure related to liquidation of the company doesn’t have any material effect on the group’s financial results.

 

Merit Kullasepp
Communication and Marketing Manager
AS Merko Ehitus
Phone: +372 650 1250
E-mail: merit.kullasepp@merko.ee

 

AS Merko Ehitus (group.merko.eegroup consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba that is operating on the Lithuanian market, construction company Peritus Entreprenør AS in Norway and the real estate development business unit along with real estate holding companies. As at the end of 2016, the group employed 797 people and the company’s 2016 revenue was EUR 252 million.