News

Apartments in Stage 3 Residential House Project “Merks Viesturdārzs” is Now for Sale

Booking of apartments in the third and final stage of the residential house project “Merks Viesturdārzs” situated at Rūpniecības Street 33, Riga, has started. 90 apartments and 4 commercial premises were constructed during stage three. The project is expected to be finalised at the end of 2023. “Merks Viesturdārzs” is the largest residential block in ...


GUSTAVS Business Center holds the topping out ceremony

On August 25, real estate developer GALIO GROUP together with the partners – construction company Merks, SEB Global Services centre in Riga and architect office Vilnis Mičulis, held a topping out for the future GUSTAVS Business Center. Celebrating the start of the final stage of construction, the rafters of the new building were decorated with ...


In its dispute with Salaspils District Council, Merks is trying to find a solution in court

After making a number of futile attempts to resolve its dispute with Salaspils District Council regarding a kindergarten construction contract, Merks Construction Company has filed a lawsuit. The construction of the Salaspils kindergarten was due to be completed in January this year, but construction work has been delayed due to shortcomings in the construction project ...


A Time Capsule Immured in Merks Magnolijas – the Most Recent Merks’ Project

On Tuesday, July 19th a time capsule was immured in Merks Magnolijas – the most recent Merks’ project with a message for the next generations. The project is located in a quiet green area at Sampeteris, Skrines iela 6. In the first phase of the project two 3-storey buildings with 96 apartments will be built. Project completion ...


Residential Housing Project “Merks Duntes Zīles” Has Been Commissioned

The residential housing project “Merks Duntes Zīles” located at Pededze Street 3, Riga, has been commissioned. Modern four- and five-storey buildings with 84 apartments and wide arranged territory were built within the framework of the project.  Almost all, i.e., 85% of project’s apartments, have been booked. “We are glad that the project has been completed ...


Merko Ehitus earns EUR three million net profit in Q1

Revenue for Merko Ehitus in Q1 2022 grew to EUR 68 million, operating profit amounted to EUR 3.7 million and net profit to EUR 3 million. In the first quarter, Merko delivered 126 apartments to buyers and the construction of 1,700 apartments is now under way. “The situation on the construction market continues to be ...


A memory capsule buried in the foundations of the unique office building “Elemental Skanste”

Today, during the ceremonial event a capsule for future generations was buried in the foundation of the unique building project “Elemental Skanste”. “Elemental Skanste” is the office building of unique concept in Skanste district, which is to be completed in the summer next year. Designed in accordance with international sustainability standards, it will become the ...