International Internet Magazine. Baltic States news & analytics
Tuesday, 09.02.2016, 07:34
The Latvian National Construction Control Bureau (BVKB) still believes the Riga Circus building may collapse and should be shut down, said the bureau's director Peteris Drukis in an interview with commercial LNT television on Monday, informs LETA.
Keyword tags: Construction, Latvia, Legislation, Real Estate
Riga International Airport has accomplished the EU Cohesion Fund co-financed project “Riga International Airport Infrastructure Development”, in the framework of which the last two years have seen significant infrastructure reconstruction works at the airport. The works have resulted in improved flight safety, better environmental conditions and increased aerodrome capacity.
A Lithuanian court has given the green light for the port of Klaipeda and Latvia's road and bridge construction company Latvijas Tilti to sign a contract, worth more than EUR 13 million, for the upgrading of certain quays at the port, informs LETA/BNS.
Lithuania's only cement manufacturer Akmenes Cementas (Akmene Cement), which in 2015 sold nearly 1 million tons of cement, posted 55.4 million euros in revenue for full 2015, a decline of approximately 6% from the year-earlier figure of 59.2 million euros, informs LETA/BNS.
Lithuania’s metal structures manufacturer Ruukki Lietuva, which is owned by Finland’s Ruukki Construction that is controlled by Sweden’s steel manufacturer SSAB, exports a significant part of its metal structures to Iceland and its assembly works at various sites in Scandinavia are scheduled until fall, the Verslo Zinios business daily reports on February 3rd.
Vilnius Airport says it will go ahead with its planned runway reconstruction in 2017 even if the process of bringing in a concession partner takes longer than expected, the business daily Verslo Zinios reported on Friday, reports LETA/BNS.
Statistics Lithuania informs that in December 2015, compared to November, construction input prices increased by 0.7%. The overall price change was mainly influenced by a 2.6% increase in wages and salaries. Over the year (December 2015, against December 2014), construction input prices increased by 1.3%.