On December 21, 2007 SIA „Merks” and SIA "Skanstes 12" (the fully owned subsidiary of A/S DnB Nord Banka) signed the contract for the design and construction of the office building at Skanstes street 12, Riga. Total value of contract is EUR 22,200,000 + VAT and the works shall be finished by June 2010. 1 EUR = 15,647 EEK Marko Pern Financist +372 6 805 130 marko.pern@merko.ee