International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:37
The rebuilding of a 19-km railway section between Lithuania's Mazeikiai and Renge, in Latvia, that was dismantled a decade ago, is nearing completion, says the CEO of its major contractor Vitras-S, a railway construction and repairs company owned by Estonia's railway services group Skinest Rail, referred LETA/BNS.
Keyword tags: Construction, Good for Business, Latvia, Lithuania, Railways
9 December 2019, Riga – Rail Baltica has revealed the first visualisations of the future infrastructure elements, showing the design of pedestrian overpasses and tunnels, noise barriers, fences, animal passages, embankments and cuts as well as regional stations. In the new section of Rail Baltica Digital Information Center everyone is welcome to see what those infrastructure elements are, where each of them will be used and how the design and visual identity was achieved.
Lithuania is seeking that the European standard-gauge railway Rail Baltica's strategic infrastructure in each of the three Baltic states should be owned and managed by the respective national infrastructure managers.
An audit of the National Audit Office of Estonia indicates that in the case of the Rail Baltic railway project delays have occurred, the cost of the activities exceeds the initial forecasts and the facts identified during the audit indicate that the completion of the project by the deadline is probably not realistic, informed LETA/BNS.
Latvia's building materials and household goods chain Depo is to open its first store along with a warehouse next summer in the new business quarter named Avala in the Veerenni area of Tallinn, the total cost of the development and construction amounts to 45 mln euros., informed LETA/BNS.
The European Union has allocated 10 mln euros in financial support for the execution of seabed studies and other preparatory work needed for a new submarine cable, named Harmony Link, with Lithuania set to receive 4 mln euros, reported LETA/BNS.
Data of Central Statistical Bureau (CSB) show that, compared to September, level of construction costs in Latvia in October 2019 remained the same. Labour remuneration of workers increased by 0.2%, maintenance and operational costs of machinery and equipment did not change significantly, but prices of building materials reduced by 0.1%.