Merko Ehitus: Extension of the powers of the Members of the Management Board of a group's subsidiary entity (AS Merko Ehitus Eesti)

Tallinn, Estonia, 2017-11-14 13:52 CET (GLOBE NEWSWIRE) --

On 14th November 2017, the Supervisory Board of AS Merko Ehitus Eesti, part of
AS Merko Ehitus group decided to extend the powers of the Members of the
Management Board, Mr. Jaan Mäe and Veljo Viitmann for three years, i.e. from 1
January 2018 till 31 December 2020. The Management Board of AS Merko Ehitus
Eesti will continue in a former four-member panel: Mr. Keit Paal (The
Chairman), Mr. Jaan Mäe, Mr. Alar Lagus and Mr. Veljo Viitmann. 

AS Merko Ehitus Eesti (www.merko.ee) is Estonian leading construction company,
which offers construction services in general construction, civil engineering,
electrical, road and residential construction. 

Merit Kullasepp
Communication and Marketing Manager
AS Merko Ehitus
Phone: [phone]
E-mail: [e-mail]

AS Merko Ehitus (group.merko.ee) group consists of Estonia's leading
construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA
Merks, UAB Merko Statyba that is operating on the Lithuanian market,
construction company Peritus Entreprenør AS in Norway and the real estate
development business unit along with real estate holding companies. As at the
end of 2016, the group employed 797 people and the company's 2016 revenue was
EUR 252 million.