Market announcement

AS MERKO EHITUS

LEI code

529900AS1XLZP15O8887

Size of the entity

Large group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

8235

Submission date and time

28.08.2020 13:29:41

Content of announcement in Estonian

Title

Ehituslepingu mittejõustumine Lätis (ärikeskus Verde Riias)

Message

ASi Merko Ehitus kontserni kuuluva SIA Merks ja SIA Hanza 14 vahel 16. juunil
sõlmitud leping ärikeskus Verde ehituseks Riias ei jõustunud, kuna selleks
vajalikud eeltingimused ei täitunud. Läbirääkimised selleks, et sõlmida
ärikeskus Verde ehituseks uus leping, on lõppenud ilma kokkuleppele jõudmata.
17. juunil avaldatud börsiteade:
https://www.nasdaqbaltic.com/statistics/et/news/314132.

SIA Merks (merks.lv (https://merks.lv/en/)) on Läti ehitusettevõte, mis teostab
üld-, insener- ja elamuehituse töid ning kuulub Läti juhtivate elukondliku
kinnisvara arendajate sekka.

Priit Roosimägi
Finantsüksuse juht
AS Merko Ehitus
Telefon: +372 650 1250
E-post: [email protected] (mailto:[email protected])

AS Merko Ehitus (group.merko.ee (https://group.merko.ee/)) kontserni kuuluvad
Eestis AS Merko Ehitus Eesti, Lätis SIA Merks, Leedus UAB Merko Statyba ning
Norras Peritus Entreprenør AS. Peatöövõtjana ehitusteenuse osutamise kõrval on
kontserni teiseks oluliseks tegevusvaldkonnaks korteriarendus. 2019. aasta lõpu
seisuga andis kontsern tööd 694 inimesele ning ettevõtte 2019. aasta müügitulu
oli 327 miljonit eurot.

Content of announcement in English

Title

Non-entry into force of a construction contract (business complex Verde in Riga)

Message

The contract, which was signed by SIA Merks, part of AS Merko Ehitus group, and
SIA Hanza 14 on 16 June 2020 for the construction of business complex Verde in
Riga, did not take effect due to the fact that the conditions for its entry into
force were not satisfied. Negotiations to sign a new contract for the
construction of business complex Verde have ended without reaching an agreement.
Stock exchange announcement from 17 June:
https://www.nasdaqbaltic.com/statistics/et/news/314133.

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.

Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
[email protected] (mailto:[email protected])

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
service as a main contractor, the group's other major area of activity is
apartment development. As at the end of 2019, the group employed 694 people, and
the group's revenue for 2019 was EUR 327 million.