AS Merko Ehitus - Company Capsule by ICDResearch

VIEWS: 5 PAGES: 15

More Info
									AS Merko Ehitus

_________________________________________________________________________________




AS Merko Ehitus - Company Capsule

Reference Code: CN0043CC
Published Date: April 2011




___________________________________________________________________________________________

AS Merko Ehitus - Company Capsule                                                   Page 1
AS Merko Ehitus

__________________________________________________________________________________________


AS Merko Ehitus - Company Overview

AS Merko Ehitus (Merko) is a heavy construction contractor. The company is engaged in the construction of various
structures like landfills, bridges, overpasses, water and sewerage pipelines, road structures, residential and official
buildings, sewerage and gas pipelines, service institutions, schools and other educational institutional buildings, and
sports complexes. It also provides various services such as design and build, project management, road repairs,
construction of medium- and high-voltage substations and lines, repairing of machines, and installing and renovating
storm water systems and sewerage pump rooms. Merko along with its subsidiaries principally operates in Estonia, Latvia
and Lithuania. The company is headquartered in Tallinn, Estonia.


Financial Performance

The company reported revenue of EEK 3,181.21 million during the fiscal year ended 2009. The company's revenue
declined at a compounded rate of 24.02% during the period 2007-2009 with a year on year decrease of 31.64% over
fiscal year 2008. During the fiscal year 2009, its operating margin was 4.15% as against an operating margin of 7.05% in
fiscal year 2008. During the fiscal year 2009, the company registered a net margin of 3.65% as against a net margin of
6.43% in the fiscal year 2008.




AS Merko Ehitus - Key Facts

AS Merko Ehitus, Key Facts

                                  Jarvevana tee 9G, Tallinn, ,
                                                                    Ticker Symbol, Stock       MRK1T (Tallinn Stock Exchange
Corporate Address:                11314, Estonia                                               (Estonia))
                                                                    Exchange



Telephone                          + 372 6 805105                   No. of Employees           794



Fax                                + 372 6 805106                   Financial Year End         December



URL                               www.merko.ee                      Revenue (in EEK Million)   3,181.21



Industry                          Construction                      Revenue (in USD Million)   281.77



Locations                         Estonia, Latvia, Lithuania

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

AS Merko Ehitus - Company Capsule                                                                                    Page 2
AS Merko Ehitus

__________________________________________________________________________________________



AS Merko Ehitus - Major Products and Services

Merko is one the leading construction companies of Estonia. The company’s key services include the following:

AS Merko Ehitus, Major Products and Services
Services:

Construction

Design and Build

Project Management

Road Repairs

Repairing of Machines

Installing and Renovating Storm Water Systems

Sewerage Pump Rooms
Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

AS Merko Ehitus - Company Capsule                                                                               Page 3
AS Merko Ehitus

__________________________________________________________________________________________



AS Merko Ehitus - Key Competitors

The following companies are the major competitors of AS Merko Ehitus:

Nordecon International AS

Norinco International Co Ltd.

Jarvevana AS

Eesti Ehitus AS




___________________________________________________________________________________________

AS Merko Ehitus - Company Capsule                                                   Page 4
AS Merko Ehitus

__________________________________________________________________________________________


AS Merko Ehitus - Key Employees


AS Merko Ehitus, Key Employees


           Name                            Job Title                      Board Level   Since   Age


                           Member of Management Board
Alar Lagus                                                          Executive Board             41
                           Financial Sector


Andres Agukas              Managing Director                        Senior Management           44


Jaan Mae                   Member of Management Board               Executive Board


Tiit Roben                 Chairman                                 Executive Board     2008    44


                           Member of Management Board
Veljo Viitmann                                                      Executive Board             48
                           Construction preparation
Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

AS Merko Ehitus - Company Capsule                                                                    Page 5
AS Merko Ehitus

__________________________________________________________________________________________



AS Merko Ehitus - Locations and Subsidiaries

Head Office

AS Merko Ehitus
Jarvevana tee 9G
Tallinn
Zip: 11314
Estonia
Tel: + 372 6 805105
Fax: + 372 6 805106

Other Locations & Subsidiaries

AS Merko Ehitus, Subsidiaries

AS Gustaf
                                               AS Merko Tartu
Ringi 10
                                               Raekoja plats 20
Parnu
                                               Zip: 5100
Zip: 80010
                                               Estonia
Estonia


OU Baltic Electricity Engineering              OU Constancia
Estonia                                        Estonia


OU Fort Ehitus                                 OU Gustaf Tallinn
Tare tee 2-5                                   Sopruse pst 145
Viimsi                                         Tallinn
Zip: 74001                                     Zip: 13417
Estonia                                        Estonia


OU Maryplus
                                               OU Merko Elamu
Estonia
                                               Estonia



OU Metsailu                                    OU Rae Tehnopark
Estonia                                        Estonia


OU Woody
                                               Ringtee Tehnopark OU
Estonia
                                               Estonia



SIA Merks
Skanstes iela 13
Riga                                           Tallinna Teede AS
Zip: 1013                                      Estonia
Latvia




___________________________________________________________________________________________

AS Merko Ehitus - Company Capsule                                                   Page 6
AS Merko Ehitus

_________________________________________________
								
To top