Construction notice to proceed in Latvia (defence campus of DCC)

Group 1 - Defence Construction Canada (DCC) has issued a notice to proceed for a construction contract valued at approximately EUR 30 million for a defence campus in Latvia, with completion scheduled for Q3 2027 [1] - The contract is awarded to PS MB.MEE, a joint venture of SIA Merko Būve and AS Merko Ehitus Eesti, both subsidiaries of AS Merko Ehitus group [2] - AS Merko Ehitus group operates in Estonia, Latvia, and Lithuania, employing 613 people and generating revenue of EUR 311 million in 2025 [3] Group 2 - SIA Merko Būve specializes in general construction, civil engineering, and residential construction services in Latvia [2] - The construction works will include permanent accommodations buildings and real-life support area infrastructure [1]