SIA Merks Gets Construction Contract in Latvia
OREANDA-NEWS. On 10 February 2014, a contract was signed by SIA Merks - part of AS Merko Ehitus group - and Riga City Council City Development Department to perform the re-cultivation and construction works of waste recycling site at A. Deglava Street, Riga, Latvia.
The scope of works includes technical design, landfill re-cultivation and construction works. Land plot with the total area of 19 300 m2 will be purified as part of the project.
The contract value is 6.5 million euros, plus value added tax. The works are to start in February 2014 and scheduled for completion in January 2016.
AS Merko Ehitus (www.merko.ee <http://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.
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