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International Internet Magazine. Baltic States news & analytics Friday, 19.04.2024, 06:57

Investments in tangible fixed assets grew by 10% in Lithuania in Q2

BC, Vilnius, 25.08.2015.Print version
Statistics Lithuania has reported based on preliminary data that in the second quarter of 2015 investments in tangible fixed assets in Lithuania amounted to EUR 1.4 billion and, compared with the second quarter of 2014, increased by 10%, informs LETA/ELTA.

Half of the total investments, or EUR 750 million, were investments in the construction of buildings and civil engineering structures. Such investment increased by 7% in the second quarter of 2015 year-on-year. Investment in machinery, equipment and vehicles accounted for 39% of the total investment, or EUR 549 million, and increased by 14% compared to the second quarter of 2014.

 

Investment in tangible assets at current prices
Source: stat.gov.lt

 

EUR 181 million, or by 22% more than in the second quarter of 2014, was allocated for the construction and acquisition of residential buildings.

 

Based on preliminary data, in the first half of 2015 investment in tangible fixed assets amounted to EUR 2.5 million and, compared with the first half of 2014, grew by 9%. EUR 365 million, or by 17% more, was allocated for residential construction.






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