On 3 August 2021, SIA Merks, part of AS Merko Ehitus group, has entered into a
contract with SIA Gustava parks projekti, part of UAB GALIO Group, for the
construction of GUSTAVS business center, located at Gustava Zemgala St. 73 in
Riga. This is the first building of Gustavs Business Park development project,
consisting of three buildings.
The works include construction of a six-storey office building, two-storey
underground parking and infrastructure works.
The value of the contract is approximately EUR 22 million, plus value added tax.
Construction works are scheduled to be completed in December 2022.
SIA Merks (merks.lv (https://merks.lv/en/)) is a Latvian construction company,
which offers construction services in the fields of general construction, civil
engineering and residential construction.
Additional information: SIA Merks, Board Member and Construction Director Andris
Bishmeistars, phone: +371 6737 3380.
Urmas Somelar
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
urmas.somelar@merko.ee (mailto:urmas.somelar@merko.ee)
AS Merko Ehitus (group.merko.ee (https://group.merko.ee/en/)) group consists of
AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in
Lithuania and Peritus Entreprenør AS in Norway. Besides providing construction
services as a main contractor, the group's other major area of activity is
apartment development. As at the end of 2020, the group employed 666 people, and
the group's revenue for 2020 was EUR 316 million.
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