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Extension of the powers of the Chairman of the Management Board of a group's subsidiary entity
[July 30, 2014]

Extension of the powers of the Chairman of the Management Board of a group's subsidiary entity


(OMX Via Acquire Media NewsEdge) Tallinn, Estonia, 2014-07-30 16:59 CEST (GLOBE NEWSWIRE) -- On 30 July 2014, the Supervisory Board of Tallinna Teede AS – the subsidiary of AS Merko Ehitus Eesti, part of AS Merko Ehitus group – decided to extend the powers of the Chairman of the Management Board, Mr. Jüri Läll for three years, i.e. till 30 July 2017. The Management Board of Tallinna Teede AS will continue with two members: Mr. Jüri Läll (The Chairman) and Mr. Jüri Helila.



Tallinna Teede AS performs project management and provides workforce for all road maintenance countrywide, builds road structures and the associated infrastructure, performs maintenance repair, road surface dressing and provides road maintenance services. The company also produces different mixtures in its own asphalt plant. AS Merko Ehitus Eesti holds a 100% interest in Tallinna Teede AS.

AS Merko Ehitus (http://group.merko.ee) comprises the leading Estonian construction company AS Merko Ehitus Eesti, the Latvian market based SIA Merks and the Lithuanian market based UAB Merko Statyba as well as the group’s real estate development business unit together with companies holding real estate properties. As at the end of 2013, the group employed 860 people and the 2013 revenue amounted to EUR 262.7 million.


Signe Kukin Group CFO AS Merko Ehitus +372 650 1250 [email protected] Copyright © 2014 OMX AB (publ).

Copyright © 2014 OMX AB (publ)

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