News

“Skanstes Parks” and “Relais le Chevalier” receive the highest awards of the industry

In the competition “The Best Building of a Year in Latvia 2017” buildings of the 2nd stage in project “Skanstes Parks” gave received the 1st place in category “New Residential Building”, while hotel “Relais le Chevalier” in Kaļļku Street 20 got the 3rd place in the category “Reconstruction”. “Every new, challenging building provides for the ...


Construction of “Decco Centre” has been completed

Less than a year after commencement, the construction works of the “Decco Centre” in Katlakalna street 6d have been completed. The first, biggest stage of the object was completed already in December, and the second stage will be commissioned for operation in February. Another detached building with the area of 1500 m2 was constructed; it ...


First three buildings of “Gaiļezera nami” have been commissioned for operation

First three nine-storey buildings of the project “Gaiļezera nami”, accommodating 95 apartments in total and developed by the construction company “Merks”, have been commissioned for operation. The project includes 2-4 room apartments with the area ranging from 60-100m2; the total area occupies 5996 m2. Facilitated territory spreads over 7766 m2, featuring children playgrounds, pathway along ...


MERKO EHITUS 2017 REVENUE EXCEEDED EUR 300 MILLION

The revenue figures of Merko Ehitus for both Q4 of 2017 and the entire 12-month period of that year outstripped the totals for the same periods of the previous year by more than a quarter – Q4 sales revenue was EUR 102.8 million and the 12-month figure EUR 317.6 million. The last time sales revenue ...


A partner who will drive Toyota Hilux has been found out!

The construction company “Merks” highly appreciates the work quality of its business partners. In order to acknowledge their professionalism, every quarter of the year “Merks” chose the best co-operation partners, which took part in the lottery to win the use of the car Toyota Hilux or Toyota Proace for two years. “The criteria that were ...


The construction of “Decco Centrs” 1st stage has been completed

The construction of the first and largest stage of “Decco Centrs” complex is now completed. The complex is located at Katlakalna street 6d in Riga, and the main designing and construction work was carried out by “Merks”, Ltd. The complex of buildings, which combines department stores with individual entrances, offices and warehouses, covers 13,500 square meters. ...


Merko Ehitus Q3 and 9-month revenue up by one-quarter

Merko Ehitus’s revenue for both Q3 of 2017 and the first 9 months of the year grew by close to one-quarter – Q3 revenue was EUR 86 million and 9-month revenue was EUR 214.8 million. The group’s net profit in Q3 was EUR 3.4 million and the 9-month figure was EUR 6.6 million. During the ...


“Euromoney” proclaims “Merks” as the best residential developer in Latvia

“Euromoney”, an international magazine focused on finance and capital, has proclaimed the “Merks” construction company to be the best residential developer in Latvia in 2017. For thirteen years already, “Euromoney” has been conducting a real estate market study for the purpose of determining the best developers in 75 countries through expert and market surveys. The ...


The project of new apartments “Skanstes PARKS” has been completed

Having built 130 new apartments in three houses, the construction company Merks has completed its work on the Skanstes PARKS residential project. The territory has a well-equipped public park with an area of ​​21 000 m2, playgrounds and an underground parking. The total area of ​​the buildings is over 12 600 m2 and it is ...


Sergejs Periņecs gets the Grand Prix of the construction industry

Sergejs Periņecs, Project Manager of the “Merks” construction company, has been awarded the Project Manager of the Year title at the “Grand Prix in Construction Industry” ceremony. Apart from that, Sergejs also merited special awards for professional cooperation from “Bauroc” LLC, “Knauf” LLC and “Doka Latvija” LLC. With his expertise and experience, Sergejs managed to ...