The Latvian construction company Merks, part of the Estonian-based Merko Ehitus Group, and Mitnija, one of the largest construction companies in Lithuania, are beginning to implement an EUR 100.2 million assignment to build the Akropole shopping and entertainment center in Riga, Latvia. Merks has been appointed as the project’s general contractor; Mitnija’s share comprises 50 percent.
Merks and Mitnija will begin construction work in April 2017; the center is scheduled for completion in January 2019. The client is M257, SIA, a company in the Akropolis Group, which develops Akropolis shopping and entertainment centers in Lithuania. The group currently owns centers in Vilnius, Klaipėda and Šiauliai.