Latvia

  • Merko Ehitus revenue and profit growth continue in Q3

    Merko Ehitus’s revenue in the third quarter was EUR 84.1 million and nine-month revenue EUR 197.8 million, representing an increase of 19% and 11%, respectively, compared with the same period in the previous year. The company’s net profit in the third quarter was EUR 3.9 million and the corresponding nine-month result amounted to EUR 7.9 …

  • Merko Ehitus reports higher sales revenue and net profit in Q2

    AS Merko Ehitus’s revenue in the second quarter was EUR 65.9 million and six-month revenue EUR 113.7 million in 2013, representing an increase of 11.5% and 6.4%, respectively, compared with the same period in the previous year. Net profit in the second quarter was EUR 2.3 million and net profit for the first six months …

  • Net profit of Merko Ehitus EUR 1.8 million in first quarter

    The sales revenue of AS Merko Ehitus in the first quarter of 2013 amounted to EUR 47.9 million, which is on the same level with last year. The majority of the company’s revenue is still generated in Estonia, but revenue in Latvia has doubled compared to the first quarter of 2012. Net profit in the …

  • Merks carried out the load tests of the new bridge in Latvia

    SIA Merks, the subsidiary of Merko Ehitus having extensively renovated the bridge of River Gauja in Latvia, successfully carried out the load tests of the bridge which are obligatory in Latvia prior to taking any new bridge into use. The company informed that for the purpose of testing the bridge was loaded with the trucks …