Start of construction of the second stage of the

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UAB Merko BÅ«stas, part of the AS Merko Ehitus group, has started the construction of the second stage of the Vilneles Skverai residential project, located on the outskirts of Vilnius Old Town. The new stage includes six apartment buildings with 209 apartments, the delivery of which is scheduled for the first quarter of 2023.

The 5 and 6 storey buildings located at Manufakturu str. 7 will have energy class A +. All apartments will have spacious balconies or terraces and will be fitted with a heat recovery ventilation system, providing fresh air and ensuring even air distribution. Parking spaces, storage rooms and charging stations for electric cars will be located in an underground car park. The areas of one- to four-room apartments vary between 28 and 88 square meters and the price per square meter starts at 2,250 euros.

The first stop in the residential area of ​​Vilneles Skverai (merko.lt/vilnelesskverai/) with six buildings and 239 apartments will be completed in the third quarter of 2022. The development project includes a total of 24 new residential buildings with more than a thousand apartments.

Further information: UAB Merko BÅ«stas, Managing Director Mr. Saulius Putrimas, phone: +370 5210 5330.

Urmas Somelar
Head of Finance Unit
AS Merko Ehitus
+372 650 1250
[email protected]

AS Merko Ehitus (group.merko.ee) consists of AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in Lithuania and Peritus Entreprenør AS in Norway. In addition to providing construction services as prime contractor, the group’s other major area of ​​activity is property development. At the end of 2020, the group employed 666 people and the group’s turnover for 2020 was 316 million euros.

  • Vilneles Skverai_building


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