Construction

International Internet Magazine. Baltic States news & analytics Friday, 31.10.2014, 06:00

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In September, construction input prices increased by 1.9% in Lithuania y-o-y

In September, construction input prices increased by 1.9% in Lithuania y-o-y

30.10.2014

Statistics Lithuania informs that construction input prices in September 2014, against August, decreased by 0.2%. The change was mainly influenced by a 1.1% decrease in wages and salaries which was determined by lower lump sums, bonuses and premiums. Over the year (September 2014, against September 2013), construction input prices increased by 1.9%.

Keyword tags: Analytics, Construction, Lithuania, Real Estate



Teterevs and ABLV to sponsor the construction of Museum of Contemporary Art in Riga

Teterevs and ABLV to sponsor the construction of Museum of Contemporary Art in Riga

30.10.2014

Today, Latvian Minister of Culture Dace Melbarde and the council members of the long-discussed Museum of Contemporary Art in Riga – Inara Tetereva, Boriss Teterevs, Ernests Bernis and Olegs Fils, signed an agreement of construction for the complex, be located in an uptown area between Hanza, Pulkveza Brieza, and Skanstes Streets, reports LETA.

Vilnius decided to build Tech Park in 19th century hospital

Vilnius decided to build Tech Park in 19th century hospital

28.10.2014

The mayor of Vilnius – Arturas Zuokas – has announced the construction of Vilnius Tech Park, a tech hub for startups and other businesses involved in the ICT industry within Lithuania. The site will be situated in Sapiega Park and housed in what's currently a run down 19th century hospital, reported BC head of public relations at Vilnius City Municipality Irma Juskenaite.


Construction costs in September grew by 0.2% in Latvia

Construction costs in September grew by 0.2% in Latvia

27.10.2014

Latest data of the Central Statistical Bureau (CSB) show that compared to August, construction costs in Latvia in September 2014 increased by 0.2%. Labour remuneration of workers increased by 0.3%, maintenance and operational costs of machinery and equipment – by 0.2% and prices of building materials – by 0.1%.

LitPol link construction is halfway

LitPol link construction is halfway

26.10.2014

Construction of the LitPol Link power interconnection with Poland, one of Lithuania's most important current energy projects, is rapidly pushing forward, with 45 percent of planned works now complete, Litgrid, the Lithuanian electricity transmission system operator, reports.

24.10.2014

Estonia to apply for funding of Rail Balticaa in February

The pan-Baltic railway line Rail Baltica's Estonian project manager Miiko Peris said that Estonia intends to submit the first, 191 million euros financing application already in February 2015, LETA/Public Broadcasting reports.

24.10.2014

Nevertel plans to invest EUR 10 mln in new controversial hotel in Old Town Riga

The Lithuanian real estate company Nevertel plans to invest about EUR 11 million in the new hotel at 25 Grecinieku Street in the Old Town of Riga, as Nevertel representative in Latvia Ramona Miglane revealed, cites LETA/Nozare.lv.

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