Announcement View
Type Company Release
Category Other corporate action
Publicize date 24 May 2024 08:00:00 +0300
Kell English
Title Construction contract in Lithuania (wind farm balance of plant in Telšiai)
On  23 May 2024 entered into force a  contract signed between UAB Merko Statyba,
part  of AS Merko Ehitus  group, and UAB Telshi?  v?jo parkas, for performing the
construction  works of  the wind  farm balance  of plant  in Telshiai district in

The  contract value  is above  EUR 55 million  euros, plus  value added tax. The
project is scheduled to be completed in the first half of 2026.

UAB  Merko Statyba (  ( 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 (

AS  Merko Ehitus  ( (  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 2023, the group employed 635 people, and
the group's revenue for 2023 was EUR 466 million.