News
Completed Construction Works for the Rental House in Cēsu Street
The multi-apartment house in Cēsu Street 9, in which there are 62 modern 1-5 bedroom rental apartments, including 2-floor apartments, has been commisioned for operation. A special glamor for the 7-storey building is provided by wide terraces and balconies, the dimensions of which for centre apartments are unusually large. Cēsu Street, which is in the ...
“Lidl” commence construction of logistics centre in Latvia
Today, on 19 October, Lidl, one of the largest retailers in Europe, and the construction company “Merks” officially commence the construction of the Lidl logistics centre in Latvia. Planned investments in the development of the logistics centre exceed 55 million euro. The company, which aims to offer consumers high quality products at the lowest possible ...
“Merks” as the first general constructor has been assessed with BIM basic competency
Building Industry Digitalization Association has assessed the company “Merks” experience and processes for working in the Building Information Modelling environment (BIM), assigning, as for the first of general constructors, the level of BIM basic competency. Building information modelling becomes more significant for successful object designing, work scheduling, estimation and construction work performance, allowing significantly reduce ...
Construction company “Merks” is entrusted with the construction of “Lidl” logistics centre in Riga
Retail company “Lidl” and construction company “Merks” have concluded a contract on the construction of a new logistics centre in Riga, on Ulbrokas Street. The contract stipulates the construction of a 51 000 m2 logistics centre by investing 42.5 million euros plus value added tax. Marius Kybartas, Chairman of the Board of SIA “Lidl Latvia”: ...
Merko Ehitus revenue and net profit in both Q2 and first half-year higher than last year
Merko Ehitus posted higher revenue and net profit figures for Q2 and first six months compared to last year. Revenue in Q2 was EUR 103.3 million and in first half-year EUR 183.7 million; Q2 net profit was EUR 5.6 million and 6-month net profit EUR 6.7 million. The group earned over half of its 6-month ...
“Skanstes Parks” – the most energy efficient apartment building in Latvia
The building at 12 Grostonas street within the project “Skanstes Parks” won the first place in the contest ”The Most Energy Efficient Building in Latvia” in the nomination the residential new building. The construction company “Merks” that was in charge of the project “Skanstes Parks” development and construction took into account highest quality standards to ...
Book “Construction in Latvia 1918-2018” has been published
The book “Construction in Latvia 1918-2018” has been published in 2018 in three volumes with the support of “Merks”, where civil engineer with extensive professional experience Jānis Lancers has gathered information on major buildings, events and people who have formed and continue to form development of the Latvian building industry. The book, which was made ...
“Merks” will build a new substation in Skrunda
Construction company “Merks” has signed a contract with AS “Augstsprieguma tīkls” and AS “Sadales tīkls” for the construction of a new 110/20kV substation in Skrunda. “Safe, qualitative, accessible and economically justified power supply infrastructure is vital for successful development of each particular region, and construction of the substation in Skrunda is another step towards improvement ...
Construction volumes’ growth of Merko Ehitus in Q1 of 2018 on par with expectations
Sales revenue of Merko Ehitus in Q1 of 2018 grew to EUR 80.3 million, bolstered by the pre-existing portfolio of construction contracts. The group’s net profit was EUR 1.1 million. In the first quarter, Merko companies signed new construction contracts worth EUR 22 million and the secured order book stood at EUR 292 million. “Considering ...
Magdelēna’s Quarter houses have been commissioned for operation
The first two of the Magdelēna’s Quarter houses in Antonijas street 17a have been commissioned for operation. The Main Contractor of the project was the construction company “Merks”, which implemented the ideas of the developer “Vastint Latvia” and “Didrihsons arhitekti”, considering the special building aesthetics of the district. “Upon completion of the construction works ...