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The successfully growing leader in its field in Lithuania – real estate development company EIKA – has been presented with two awards from the prestigious financial magazine Euromoney in London.
The successfully growing leader in its field in Lithuania – real estate development company EIKA – has been presented with two awards from the prestigious financial magazine “Euromoney” in London. EIKA has been selected as the best real estate development company in Lithuania for the second year in a row. This year, it also won the nomination for the best residential development company in Lithuania.
Euromoney’s fourth annual property survey surveyed property developers, advisors, financial institutions, investors and end-users from 54 countries around the world. Respondents were asked which firms they thought were the best at providing different property products and services in their markets. Respondents were asked to indicate the country they had the most knowledge about. They then rated which companies in that country were the best, as well as which came in second and third in each category. Based on this, the companies were given a score of four, three and two points in their country. The survey was conducted between March 27 and April 25, 2008.
Presenting the awards, Euromoney editor Clive Horwood said: “In the extremely challenging financial environment of 2008, the Euromoney Awards reflect companies’ ability to innovate, adapt quickly to market changes and make the most of their organisational strengths. The Euromoney nominations recognise the achievements of the winning institutions in difficult market conditions – that’s why the awards are so important.”
Commenting on the international assessment of the company, EIKA CEO Robertas Dargis said: “These nominations truly reflect the strategy of our activities. EIKA has been operating on the market for a long time, and its name and brand are well-known. It is associated with many years of experience, consistency and quality products. Even during the market downturn, the company continues to consistently implement planned projects, which is highly appreciated by our business partners and clients.”
The EIKA group of companies consists of the real estate development company “Eika”, the construction company “Eikos statyba” and the engineering equipment company “Inžinerinės idėjos”. The turnover of the group of companies in 2007 was LTL 207.4 million, and it employs 352 people. The companies of the EIKA group operate in the areas of investment, real estate project development and construction contracting services.
UAB EIKA has gained fifteen years of real estate development experience and has implemented many large commercial and residential projects: office buildings “Eikos verslo centras I and II” (13,000 m2 of leasable area), a low-rise housing settlement in Santariškės in Vilnius (1,400 apartments) – awarded by LNTPA as the best project of 2005-2006, “Vivulskio namai”. One of the most important projects currently being developed is the investment project “Jūros vartai” (150,000 m2) being developed in Klaipėda together with AB “Achema”, which is intended to transform the territory of the AB “Klaipėdos laivų remontas” factory into a shopping, leisure, entertainment and residential space.