Construction contract in Lithuania (increase in the volume of design-build contract)
16 April 2024 - 3:00PM
UK Regulatory
Construction contract in Lithuania (increase in the volume of
design-build contract)
On 15. April 2024, the addendum to the
design-build contract between UAB Merko Statyba, part of AS Merko
Ehitus group, and North Atlantic Treaty Organization (NATO) Support
and Procurement Agency entered into force for additional works on
the construction of new infrastructures of the training center in
Pabrade, Lithuania.
The value of additional works exceeds EUR 20
million, plus the applicable value added tax. The actual value is
determined after adjustment with the construction price index of
the respective periods. The construction works are scheduled to be
completed by 2026.
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 2023, the
group employed 635 people, and the group’s revenue for 2023 was EUR
466 million.
Merko Ehitus As (LSE:0JKW)
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