News
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07.05 2020
Merko Ehitus posted a profit of two million euros in the first quarter
In Q1 of 2020, Merko Ehitus posted revenue of EUR 56 million and a net profit of EUR 2.0 million. Construction services made up 62% and real estate development 38% of the group’s revenue. New construction contracts worth EUR 87 million in total were signed, and the volume of the secured orderbook at the end …
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20.04 2020
Merks receives three of the highest industry awards
Merks has won the highest three awards in the industry at the “Best Building of the Year in Latvia 2019” competition. This year, the award ceremony took place remotely on April 17. The “Latvia” Concert Hall and the Ventspils Secondary Music School were awarded the 1st Place in the “New Public Structure” category. The project …
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16.04 2020
“Laima” factory in Ādaži is commissioned
Construction of the new “Laima” production facility was completed on March 16, 2020, almost a month ahead of schedule. The new plant will provide at least two opportunities. Firstly, it make it possible to produce popular sweets in a modern work environment. Secondly, the plant will also provide growth opportunities, enabling extensive cooperation with other …
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14.04 2020
Business operations in the situation of coronavirus Covid-19 pandemic
We take a responsible approach to the pandemic situation and do our best to minimize the impact and consequences of the pandemic on our employees, customers, partners and shareholders. We follow the requirements and instructions of the Latvian government and health boards/authorities and, if necessary, change our working processes accordingly. In order to minimize the …
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08.04 2020
The apartment buying process during the emergency situation
It is possible to buy the apartment that is right for you from Merks even during the emergency situation. We have established additional safety measures for preventing the spread of the pandemic, keeping our employees safe and protecting our customers. We hold all discussions remotely if physical proximity is not required. To protect the participants, …
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01.04 2020
Andris Bišmeistars takes over the management of “Merks”
On Wednesday April 1, Andris Bišmeistars, who previously held the position of Director of Construction, will take over the management of “Merks”. “One of my most important goals is to adjust to the current conditions in the world and the country related to Covid–19. It is at this time the manager must be brave, farsighted …
