International Internet Magazine. Baltic States news & analytics
Thursday, 28.08.2014, 10:04
Compared to June, level of construction costs in Latvia in July 2014 decreased by 0.6%. Compared to July of the previous year, average level of construction costs reduced by 0.1%.
Keyword tags: Analytics, Construction, Real Estate
Merko Ehitus’ Lithuanian subsidiary concluded a contract of 2.2 million euros for building a sports hall in Vilnius, writes Äripäev.ee/LETA.
Following the Economy Ministry's proposal, the government approved the establishment of the Latvian Construction Board and its agenda today, reports LETA/Nozare.lv.
Victims of the Zolitude Tragedy feel that every entity surrounding the site, including the adjacent 12-floor apartment house, should be torn down and replaced with a memorial, as "Zolitude 21/11" association's representative Regina Locmele informed the press yesterday, cites LETA.
Retail company Maxima Latvija plans to start demolishing the remains of the collapsed supermarket in Zolitude on August 18, Maxima Latvija spokesman Janis Beseris informed the business portal Nozare.lv, cites LETA.
Statistics Lithuania informs that in II quarter 2014, against II quarter 2013, the volume of construction work carried out increased by 16.8% and amounted to LTL 2.2 billion. The construction work carried out within the country accounted for 94% (LTL 2.1 billion) of the total construction work, outside the country – 6% (LTL 132 million).
Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System the Republic of Lithuania (IS) Infostatyba, in II quarter 2014, against II quarter 2013, the number of building permits issued decreased by 10.1%, of which for the construction of residential buildings – by 9.5%.