International Internet Magazine. Baltic States news & analytics
Saturday, 21.01.2017, 12:42
On the 18th of January, Lithuania's Cabinet of Ministers approved two separate PPP police infrastructure projects in Kaunas and Panevezys. The approval gives a green light to the Police Department under the Ministry of the Interior to commence tendering procedures as soon as the necessary preparations have been completed.
Keyword tags: Construction, Good for Business, Investments, Lithuania, Markets and Companies
Production in Latvia's construction sector in the third quarter of 2016 decreased 22 % as compared to July-September 2015, which was the biggest drop across the European Union member states, according to Eurostat's revised data.
Rimi Baltic retail company is set to announce next week a new project providing for construction of a logistics center for EUR 75 mln, the company's representatives said LETA.
As Poland trims the projected Gas Interconnector Poland-Lithuania ( GIPL ) and postpones of the overall project implementation for two years, Lithuania will receive additional 3 mln euros in support from European Union (EU), which will put the total support at 58 mln euros, informs LETA/BNS.
A new investor of the multifunctional Porto Franco complex in the Estonian capital's harbor area is businessman Oleg Ossinovski who has signed a contract for the establishment of a mortgage worth 7.8 mln euros for the plots, according the weekly Eesti Ekspress reports informs LETA/BNS.
If the planned railway electrification project affects budget resources, the project might be suspended, said Latvian Prime Minister Maris Kucinskis (Greens/Farmers) in an interview with commercial LNT television on Wednesday, writes LETA.