OREANDA-NEWS. January 14, 2016. Baltic News Service (BNS) published an article „Merko tutar ja Arers renoveerivad L?tis 8 miljoniga s?jav?ebaase“ (Merko daughter and Arers renovate military bases in Latvia for 8 million), according to which the daughter company of AS Merko Ehitus, SIA Merks and Latvian construction company A?ers will reconstruct Latvian  military bases.

AS Merko Ehitus confirms that as of today, SIA Merks, part of AS Merko Ehitus group, has not signed the construction contract, referred to by BNS. We will inform through the stock exchange information system as the contract is signed.

AS Merko Ehitus (group.merko.ee) 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 and the real estate development business unit along with real estate holding companies. As at the end of the year 2014, the group employed 765 people and the company’s revenue for 2014 was EUR 252.3 million.