Construction

International Internet Magazine. Baltic States news & analytics Thursday, 30.06.2016, 20:32

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In May, construction costs in Latvia increased by 0.2%

In May, construction costs in Latvia increased by 0.2%

29.06.2016

Data of the Central Statistical Bureau (CSB) show that, compared to April, in May 2016 the level of construction costs in Latvia increased by 0.2%. Labour remuneration of workers went up by 1.2%, maintenance and operational costs of machinery and equipment increased by 0.1%, whereas the prices of building materials went down by 0.2%.

Keyword tags: Analytics, Construction, Latvia, Real Estate



Plans to build Vilnius House in Moscow scrapped

Plans to build Vilnius House in Moscow scrapped

28.06.2016

The Lithuanian capital has scrapped plans to build the so-called Vilnius House in Moscow and is set to liquidate its subsidiary responsible for the project, the daily Lietuvos Zinios reported on Tuesday, cites LETA/BNS.

E.L.L. Kinnisvara to build 30-storey office building in central Tallinn

E.L.L. Kinnisvara to build 30-storey office building in central Tallinn

28.06.2016

The Estonian real estate developer E.L.L. Kinnisvara is to build a complex consisting of two office buildings and one residential building across the street from the Olumpia hotel in the Tallinn city center, and the first stage of the construction, which includes building a 30-storey office building and an underground parking lot is to be finished in 2020, reports LETA/BNS.


Vilnius western bypass may be opened to traffic as early as in 2016

Vilnius western bypass may be opened to traffic as early as in 2016

26.06.2016

Construction on the third phase of Vilnius western bypass may be completed as early as in 2016 and the road is expected be opened to traffic immediately thereafter, Vilnius Major Remigijus Simasius has said, cites LETA/BNS.

Baltic States have agreed on VAT revenue distribution by Rail Baltica construction

Baltic States have agreed on VAT revenue distribution by Rail Baltica construction

22.06.2016

The three Baltic countries have agreed on the distribution of VAT revenue from the construction work on the European standard-gauge railway Rail Baltica, Lithuania’s Transport Minister has said, adding that a respective agreement has already been signed and Lithuania will retain VAT revenue from work carried out in the country, informs LETA/BNS.

22.06.2016

Estonian manufacturer of module homes Harmet boosts revenue by 42% in 2015

Estonian manufacturer of module homes Harmet OU saw its revenue increase 42.1% year over year to 54.4 million euros in 2015, mainly as a result of a substantial increase in the share of the Swedish market, informs LETA/BNS.

22.06.2016

International team of archeologists studying remains of Great Synagogue of Vilnius

A team of experts from the United Kingdom, Canada, Israel and Lithuania is starting to study the remains of the Great Synagogue of Vilnius and other ritual constructions buried under the ground, informs LETA/BNS.

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