International Internet Magazine. Baltic States news & analytics
Tuesday, 28.03.2017, 16:53
Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System of the Republic of Lithuania (IS) Infostatyba, in IV quarter 2016, against IV quarter 2015, the number of building permits issued increased by 13.8%, of which for the construction of new residential buildings – by 27.9%.
Keyword tags: Analytics, Construction, Lithuania, Real Estate, Statistics
Lithuania in the fourth quarter of 2016 registered the largest quarterly increase in construction output in the European Union, figures from the EU statistical office Eurostat showed on Friday.
The availability of financing of companies is aided by good access to bank lending, low interest rates, and profits built up earlier Companies are borrowing more than before from Estonia, and less from abroad Growth in household loans accelerated in 2016, but remained slower than growth in incomes and savings. The loan portfolio to companies and households will grow by around 5% in the years ahead, which is about the same rate as nominal GDP
The Health Inspectorate has concluded after inspecting the new wing of Pauls Stradins Clinical University Hospital that the new facility may officially open as the past faults ascertained at the building have been solved, as the inspectorate told LETA.
Provisional data of the Central Statistical Bureau (CSB) show that 716.0 thousand hectares of land were covered with cereals in 2016 – 43.6 thousand hectares or 6.5 % more than in 2015, leading to the largest cereal cropland area observed since 1984. Harvested production of grain has diminished; half of the harvested winter wheat were produced in Zemgale
The State Border Guard has launched a criminal probe to investigate a failure to check the passports of 38 air passengers who had flown into Riga International Airport from London and were directed to the airport’s Schengen terminal where they did not have to undergo border checks, LETA was told at the State Border Guard.
Alongside Gazprombank-controlled Cryogas, which supplies LNG to Eesti Gaas, LNG Gorskaya, a relatively small privately-owned Russian energy company, is entering the Baltic LNG sector with plans to build small-scale LNG terminals around the Baltic Sea to deliver fuel to ships sailing in the sea, the business daily Verslo Zinios reported on Friday writes LETA/BNS.