Construction contract in Lithuania (wind farm foundations, electrical cables and roads)

On 28 March 2023 UAB Merko Statyba, part of AS Merko Ehitus group, and UAB Vejas LT, part of E energija group, entered into the contract to perform the construction of foundations for 16 wind turbines, electrical cables and roads in a windfarm located in the Kelme district, Lithuania.

The contract value is approximately EUR 30 million, plus value added tax. The project is scheduled to be completed in the second quarter of 2025.

UAB Merko Statyba (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 6875 0680.



Urmas Somelar

Head of Finance

AS Merko Ehitus

+372 650 1250

urmas.somelar@merko.ee

AS Merko Ehitus (group.merko.ee) group companies develop real estate and construct buildings and infrastructure. We create a better living environment and build the future. We operate in Estonia, Latvia, Lithuania and Norway. As at the end of 2022, the group employed 661 people, and the group’s revenue for 2022 was EUR 410 million.