International Internet Magazine. Baltic States news & analytics
Thursday, 23.10.2014, 06:47
According to Statistics Estonia, in the 3rd quarter of 2014, the construction price index changed 0.3% compared to the 2nd quarter of 2014 and -0.2% compared to the 3rd quarter of 2013.
Keyword tags: Analytics, Construction, Estonia, Real Estate
Joint stock company LNK Industries has concluded a contract with limited liability company D.N.H. on a new hotel in Riga – "Hilton Garden Inn Riga Valdemara"; the construction job is set to get under way, Inga Domka, the Marketing and Public Relations Manager of LNK Group informed Nozare.lv, cites LETA.
Nordecon AS and OÜ Kawe Invest, subsidiary of AS Kawe, signed a contract for the construction of an office building on the registered immovable at Veerenni 24. The cost of construction works at the building located in the Baltika quarter at the edge of the City of Tallinn is approximately EUR 9 million without VAT, informed BC Nordecon’s press service.
The under-fire construction company Re&Re has won the Justice Ministry's tender for the construction of the new block of Olaine prison for EUR 4.29 million, according to information from the Procurement Monitoring Bureau, cites LETA.
President of Lithuania Dalia Grybauskaite has expressed doubts in the validity of renovation cost and transparency of public procurement, informs LETA/ELTA.
The work of the Estonian-Finnish electricity connection EstLink 2 has been suspended due to the replacement work of circuit joints that have caused problems repeatedly; therefore, the price of electricity at the Estonian electricity bourse is higher than last week, LETA/Postimees Online reports.
More than a year after the Riga Castle fire, the prosecutor handling the criminal case has handed it over to court, with three persons being charged, informs LETA.