UAB „Merko būstas“ — Company Profile

Note: This profile consolidates publicly available information about UAB „Merko būstas“, the Lithuanian residential development company associated with the Baltic construction group Merko. Where specific data could not be verified from primary sources at the time of research, this is clearly indicated and directions to authoritative registries are provided.

Company Overview

Legal name: UAB „Merko būstas“ (Uždaroji akcinė bendrovė)
Country: Lithuania
Industry sector: Residential real estate development; property development and sales; project management in the construction sector
Headquarters: Vilnius, Lithuania (exact registered office address not confirmed; see Legal Information)
Founding date: Not publicly verified in primary sources; UAB „Merko būstas“ operates as part of the Lithuanian arm of Merko Group, which has been active in Lithuania since the early 2000s.

Legal Information

Įmonės kodas (company registration code): Not publicly verified; consult the Lithuanian Juridinių asmenų registras (JAR) or Rekvizitai.lt for the official code.
PVM kodas (VAT code): Not publicly verified; consult JAR or Rekvizitai.lt for the official VAT identifier.
Official website: www.merko.lt (Merko Lithuania portal; the residential development activity is commonly presented under the “Merko” brand in Lithuania)
Email address: Not publicly confirmed for UAB „Merko būstas“ specifically. General contact for Merko Lithuania is typically available via the website contact form; a general mailbox such as info@merko.lt may be used, but the exact address for UAB „Merko būstas“ could not be verified.
Registered office address: Not publicly verified for UAB „Merko būstas“ at the time of research. The registered address should be retrieved from JAR/Registrų centras records.
Phone number: Not publicly verified for UAB „Merko būstas“. Contact numbers for Merko entities in Lithuania are published on the official website and can vary by unit and project.

How to verify: For definitive legal identifiers (įmonės kodas, PVM kodas), registered office address, and contact numbers, consult the Lithuanian state business register (Registrų centras – Juridinių asmenų registras) or business directories such as Rekvizitai.lt, which list official company data and changes.

Business Operations

UAB „Merko būstas“ focuses on the development of residential real estate projects in Lithuania, primarily in Vilnius and potentially other major cities. The company’s activities typically include land acquisition, project design and permitting, construction management (often in cooperation with Merko Group’s construction units), marketing and sales of apartments, and post-completion customer service.

Main products/services:
• Development of multi-apartment residential buildings and complexes
• Sales of newly built apartments and parking/storage units
• Full-cycle project management (concept, design, permits, construction oversight, sales) and handover
• Quality assurance and warranty service for buyers

Business model: Integrated real estate developer model: acquire/structure land, develop residential projects, manage construction via in-house group capabilities and vetted subcontractors, sell units to end customers, and maintain brand reputation for quality and timely delivery.

Market position: Part of the Merko Group, one of the largest construction/development groups in the Baltics, which enhances credibility, access to capital and expertise, and delivery capabilities. UAB „Merko būstas“ is positioned as a quality-focused developer with group-backed construction know-how and robust project management.

History

UAB „Merko būstas“ emerged as the Lithuanian residential development arm within the Merko Group’s expansion into Lithuania. Merko Group (AS Merko Ehitus, Estonia) entered the Lithuanian market in the early 2000s, establishing local subsidiaries to address both construction and development needs. Over time, the group distinguished construction contracting (e.g., through UAB Merko statyba) from real estate development activities (UAB „Merko būstas“) to streamline operations and brand positioning.

Key milestones (indicative):
• Establishment of Merko Group operations in Lithuania and setup of legal entities for construction and development
• Launch of initial residential projects under the Merko brand in Vilnius and continued expansion of the pipeline
• Ongoing alignment with EU and Lithuanian building standards, including energy performance requirements for new housing
• Integration of quality, safety, and sustainability frameworks drawn from Merko Group practices

Note: Specific project names, commissioning dates, and detailed historic milestones for UAB „Merko būstas“ could not be verified from primary sources in this research and should be confirmed via Merko’s Lithuanian website archives, press releases, and the AS Merko Ehitus annual reports.

Financial Information

UAB „Merko būstas“ is not known to be a publicly listed company; its financial results are typically consolidated within the AS Merko Ehitus Group’s segment reporting. Detailed standalone revenues, profitability, and balance sheet figures for UAB „Merko būstas“ were not publicly available at the time of research.

Revenue data: Not disclosed on a standalone basis; aggregated at the group level in AS Merko Ehitus annual reports and interim reports.
Funding rounds: Not applicable; the company operates as a subsidiary within a larger Baltic group structure rather than a venture-backed startup.
Ownership structure: UAB „Merko būstas“ is part of the Merko Group (AS Merko Ehitus, Estonia). Exact shareholding and intermediate holding entities (if any) should be confirmed via Lithuanian registries and Merko Group disclosures.

Leadership and Management

Key executives (vadovai): Specific names and titles for UAB „Merko būstas“ management (e.g., Direktorius / Generalinis direktorius) could not be independently verified at the time of research. Lithuanian registries (JAR) and official company filings typically list the current director and authorized signatories.

Board members: As a UAB (private limited company), the governance may include a director and, optionally, a supervisory/management board depending on the company’s articles. Current board composition (if applicable) was not verified and should be checked in the official registry.

Office Locations

Registered office: Not publicly verified; likely in Vilnius. For precise address and postal details, consult Registrų centras (JAR) or Rekvizitai.lt.
Telephone numbers: Not publicly verified for UAB „Merko būstas“; general Merko Lithuania contacts are provided via the official website.

Note: Project site offices and sales offices may operate temporarily near active developments; their addresses and phone numbers are typically published on project-specific pages on the Merko Lithuania website.

Market Position and Competitors

Primary competitors in Lithuanian residential development: Eika, Hanner, YIT Lietuva, Darnu Group, Realco, Citus, and other established developers in Vilnius and Kaunas.

Competitive advantages:
• Backing of a large Baltic construction/development group (Merko), supporting delivery capacity and financial strength
• Integrated development and construction expertise, enabling end-to-end control of quality and timelines
• Emphasis on customer experience, warranty service, and compliance with contemporary energy efficiency standards
• Established supplier network and standardized quality, safety, and sustainability processes derived from group practices

Market share: Not publicly quantified for UAB „Merko būstas“; the Lithuanian residential market is fragmented with several strong players.

Recent Developments

Recent activities are understood to include ongoing planning and execution of new residential phases in Vilnius and adherence to nearly zero-energy building requirements mandated in the EU and Lithuania. The company and the broader Merko Group continue to emphasize construction quality, energy efficiency, and reliable delivery schedules.

Note: Specific project launches, land acquisitions, or partnerships for UAB „Merko būstas“ were not directly confirmed in primary sources during this research window. For the latest, see the Merko Lithuania website, Merko Group press releases, and Lithuanian business media coverage.

Contact Information

Company: UAB „Merko būstas“
Website: www.merko.lt
Email: Not publicly confirmed for UAB „Merko būstas“; general contact is available via the website’s contact form.
Registered office address: Not publicly verified; consult Registrų centras (JAR).
Phone: Not publicly verified; see official website for current contact numbers.

Sources and References

• AS Merko Ehitus (Merko Group) — Annual reports and investor presentations (for group structure, market presence, and segment information)
• Merko Lithuania official website (www.merko.lt) — corporate and project information, contact details (for the broader Merko presence in Lithuania)
• Registrų centras (Juridinių asmenų registras, JAR) — official Lithuanian company registry (for įmonės kodas, PVM kodas, registered office address, and management data)
• Rekvizitai.lt — Lithuanian business directory (for company snapshots, legal identifiers, and contacts)
• Verslo žinios and Delfi Verslas — Lithuanian business media (for coverage of residential development market and developer activities)

Verification note: For authoritative legal and contact details (codes, addresses, executives), always prioritize Registrų centras (JAR) records and official company filings. Media and directory sites provide secondary confirmation but may lag or omit changes.