International Internet Magazine. Baltic States news & analytics
Monday, 20.05.2013, 01:39
Lithuanian constructor Hanner implements logistics complex project in Russia
17.05.2013Lithuanian building enterprise Hanner has embarked on the second phase of NordWay, a logistics complex project near Saint Petersburg in Russia, Estonian business portal BBN said in a statement, writes LETA.
Keyword tags: Baltic States – CIS, Construction, Good for Business, Lithuania, Logistics, Real Estate, Transport
Industrial and construction enterprises plan to borrow most actively in Lithuania
16.05.2013Businesses indicate a possible increase in the burden of taxation and production costs as the most important issue of the future, while the availability of financing sources is seen as the factor of least concern. Such results were revealed in the Survey of Non-financial Enterprises, conducted by the Bank of Lithuania, informs LETA/ELTA.
In Q1, construction volume in Latvia increased by 9.8% y-o-y
15.05.2013In the 1st quarter of 2013, construction volume (at current prices) comprised LVL 142.8 million, according to the latest data of the Central Statistical Bureau.
Lithuania’s first road PPP project reached financial close
14.05.2013The Palanga bypass public-private partnership (PPP) project reached financial close. The project was among six PPP pilot projects approved by the Lithuanian government in 2009. The Lithuanian Road Administration selected Kauno tiltai and Siauliu plentas to design, build, operate, and finance the Palanga bypass contract, worth €36 million over 25 years, reported BC head of marketing and communication department at Invest Lithuania Dalius Morkvenas.
Estonia’s Supreme Court denies appeal of Merko on bribes case
10.05.2013The Supreme Court of Estonia resolved not to accept the appeal in case regarding Estonian companies OÜ Metsailu, OÜ Woody, AS Merko Ehitus and OÜ Constancia in a criminal matter No 1-09-20251, Estonian construction group Merko Ehitus informs, LETA cites.
Estonian Nordecon reduces its loss in Q1
Estonian construction company Nordecon Group informed the Tallinn stock exchange that the group ended the first quarter of the year 2013 with a net loss of 652,000 euros versus a net loss of 1.408 million euros at the same time last year, informs LETA.
Renovation of runway surface begins at Riga Airport
Runway surface renovation and other infrastructure development projects started at the Riga International Airport at the beginning of May 2013; the total cost of these projects is LVL 81 million, LETA/Nozare.lv learned from the airport.
EU’s assessment of Latvian economic activity 
