Analytics, Good for Business, Investments, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2024, 18:56

Investment in tangible fixed assets in Lithuania grew by 1.3% in Q3

BC, Vilnius, 26.11.2014.Print version
According to Statistics Lithuania, investment in tangible fixed assets in the third quarter of 2014 amounted to LTL 4.7 billion (EUR 1.3 billion), or by 1.3% more at current prices than in the third quarter of 2013, reports LETA/ELTA.

More than 60% of the total invested funds (LTL 2.9 billion or EUR 0.84 billion) were investments in construction of buildings or engineering structures. Investment for purchase of machinery, equipment and vehicles accounted for one third of the total investment, i.e. LTL 1.5 billion (EUR 0.43 billion), and compared with the third quarter of 2013 decreased by 6%.

 

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

 

LTL 610 million (EUR 176.7 million) was spent on construction or purchase of residential buildings, by 27% more than in the third quarter of 2013.

 

In the third quarter of 2014, based on economic activities, investment by transportation and storage companies amounted to 19% of the total investment. Meanwhile, public sector investment amounted to 17%, while real estate companies' and natural persons' investment in residential construction to 16% of the total investment.






Search site