Construction

International Internet Magazine. Baltic States news & analytics Friday, 04.12.2020, 17:00

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Latvia's construction productivity at 40% of EU average

Latvia's construction productivity at 40% of EU average

03.12.2020

In Latvia, construction productivity is approximately at 40 percent of the European Union's average rate, Luminor Bank's economist Peteris Strautins said at an online conference hosted by the Partnership of Latvian Building Contractors, cites LETA.

Keyword tags: Analytics, Construction, EU – Baltic States, Latvia, Real Estate



Lithuanian government paving way for wind turbine production in Klaipeda

Lithuanian government paving way for wind turbine production in Klaipeda

03.12.2020

With Lithuania planning to build wind farms in the Baltic Sea, the government on Wednesday took steps to set up infrastructure for turbine production, assembly and storage operations in the port of Klaipeda, writes LETA/BNS.

Lithuania's MP Group bags EUR 64 mln contract to build segment of Baltic Pipe in Poland

Lithuania's MP Group bags EUR 64 mln contract to build segment of Baltic Pipe in Poland

01.12.2020

Lithuania's pipeline construction company MT Group has been awarded a contract worth almost 64 million euros to build a Polish segment of the Baltic Pipe pipeline that will link Norway with Denmark and Poland, informs LETA/BNS.


In October, the level of construction costs in Latvia increased by 0.4%

In October, the level of construction costs in Latvia increased by 0.4%

27.11.2020

Data of the Central Statistical Bureau (CSB) show that, compared to September, in October 2020, the level of construction costs in Latvia increased by 0.4 %. Prices of building materials grew by 0.6 %, labour remuneration of workers – by 0.2 %, but maintenance and operational costs of machinery and equipment rose by 0.1 %.

Vilnius signs EUR 7 mln national concert hall design contract with Spanish architects

Vilnius signs EUR 7 mln national concert hall design contract with Spanish architects

26.11.2020

Vilnius has signed a 7-million-euro contract with Spain's Arquivio Architects for designing Lithuania's new National Concert Hall on the capital's Tauras Hill, the municipality said on November 26th, cites LETA/BNS.


26.11.2020

Mainor, Nordecon sign contract on EUR 30 mln commercial building at Ulemiste

Opiku Majad OU, a subsidiary of Mainor Ulemiste AS, has entered into a contract with listed builder AS Nordecon for the construction of a 30-million-euro office building in Ulemiste City, informs LETA/BNS.

25.11.2020

The production of Estonian construction enterprises drops 12% in Q3

According to Statistics Estonia, in the third quarter of 2020, the total production of Estonian construction enterprises in Estonia and abroad decreased by 12% year on year. Considering only the Estonian construction market, the decrease in construction volume was 10%.

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