-+ 0.00%
-+ 0.00%
-+ 0.00%

Merko Ehitus signs EUR 174 million Lithuania defense campus contract after Kapitel takes 70% stake

PUBT·07/10/2026 13:00:33
Listen to the news
Merko Ehitus signs EUR 174 million Lithuania defense campus contract after Kapitel takes 70% stake
  • AS Merko Ehitus brought in AS Kapitel as investor for Lithuania’s Rūdninkai defence campus PPP, shifting long-term property management to Kapitel.
  • Kapitel unit ELL Real Estate Holding acquired 70% of the Part B and Part C project companies via a share capital increase; Merko kept 30%.
  • Merko Statyba signed design-and-build contracts worth EUR 174 million for Part B, EUR 198.7 million for Part C, excluding VAT.
  • Both contracts cover more than 190,000 square meters of buildings, over 310,000 square meters of infrastructure; completion targeted for Q4 2028.
  • Part B financing signed with an EIB-SEB bankas consortium; Part C financing signed with an EIB-Swedbank consortium.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AS Merko Ehitus published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607100900OMX_____CNEWS_EN_GNW1001212226_en) on July 10, 2026, and is solely responsible for the information contained therein.