Atnaujinta: 2024.11.28 14:17 (GMT+2)

MKO: Large-scale investment

2004.12.08, Merko Ehitus, TLN
Merko Ehitus                  ANNOUNCEMENT                    08.12.2004

LARGE-SCALE INVESTMENT

SIA Merks, a subsidiary of AS Merko Ehitus, invests 469 million kroons
(30 million euros) in building a multifunctional center in Riga during
the following 15 months.

The net area of the center, which is designed by a Canadian company
Stadium Consultants International Inc., is ca. 24 000 m2 and holds
up to 12 500 visitors. The center will be built by spring 2006 for
the Ice hockey World Championships held in Riga.

AS Merko Ehitus may adjust its dividend policy due to this considerable
investment.


Marko Pern
Financist
+372 6 805 130

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