Amendment to construction contract in Lithuania (reconstruction of Neringa hotel in Vilnius)


UAB Merko statyba, part of AS Merko Ehitus group, and UAB “Neringos viesbutis” have signed an amendment to the 18 August 2017 contract of the reconstruction and renovation works of the Neringa hotel building, located at Gedimino ave. 23, Vilnius.

The value of amended works is over EUR 5 million, plus value added tax. The works are scheduled to complete in the middle of 2020.

UAB Merko statyba (www.merko.lt) is Lithuanian construction company, which offers construction services in the fields of general construction and residential construction.

Additional information: UAB Merko statyba, Construction Director Mr. Jaanus Rästas, phone: +370 5 2105330.

Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
Phone: +372 650 1250
E-mail: priit.roosimagi@merko.ee

AS Merko Ehitus (group.merko.ee) group consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba operating on the Lithuanian market, and the Norwegian construction company Peritus Entreprenør AS. Besides provision of construction service as a main contractor, the group’s other major area of activity is apartment development. As at the end of 2018, the group employed 764 people, and the group’s revenue for 2018 was EUR 418 million.