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Monday, 24.11.2014, 08:40
Today, one year passes since the roof of a Maxima supermarket collapsed in the Zolitude neighborhood of Riga, killing a total of 54 people, including several rescuers, reports LETA.
Keyword tags: Construction, Latvia, Legislation, Markets and Companies, Real Estate, Society
Representatives of the Riga Construction Board have inspected about 300 public buildings in Riga since the Zolitude tragedy. A total of 3,886 buildings were inspected in the first nine months of the year 2014, the Riga Construction Board informed LETA.
According to the State Tax Inspectorate, this year both residents and enterprises paid land tax more dutifully before the deadline on 17 November, 2014. Municipal budgets received over LTL 63 million (EUR 18 million) in land tax, reports LETA/ELTA.
The data compiled by the Central Statistical Bureau of Latvia show that, in the nine months of 2014, construction volume at current prices accounted for EUR 1254.4 million, of which in the 3rd quarter – EUR 574.0 million.
Unaudited consolidated net profit as well as consolidated net profit attributable to shareholders of INVL Baltic Real Estate amounted to LTL 476,000 (EUR 138,000), the company said in a statement, cites LETA/ELTA.
Minister of Culture Sarunas Birutis signed a law amending the evaluation of immovable cultural heritage. From now on objects marked with Soviet or Nazi symbols will not be listed as Lithuania's heritage, informs LETA/ELTA.
The Ministry of Environment in Lithuania took into account the prime minister's encouragement and prepared a proposal to extend for another year the programme which covers 40% of the renovation cost, informs LETA/ELTA.
Estonian state-owned postal company Omniva, formerly known as Eesti Post, has put on sale the majority of its post offices buildings, LETA/Virumaa Teataja reports.
Estonians are the most frugal people in the Baltic States: 83% of residents in Estonia have made personal savings, 66% – in Lithuania, 53% – in Latvia, according to a study conducted by Swedbank.
Estonian Economy and Infrastructure Minister Urve Palo, who has been recently promoting a state subsidised rental apartments programme, said that the money spent on building such rental apartments will come back as additional tax revenues and will keep quite a few families from leaving Estonia to live in Finland, LETA/Public Broadcasting reports.
Riga Construction Board won’t perform independent examination of multi-story apartment building in Zolitude
The Riga Construction Board's tender to select a company that would examine a multi-story building next to the Zolitude tragedy site has failed as none of the applicants was deemed to be competent enough, therefore the building will be inspected by experts commissioned by the building's owner, Homburg Zolitude, as the Construction Board's head Inguss Vircavs told LETA.
Joint-stock insurance company BTA Insurance Company (BTA) has renewed its insurance policy for the Freedom Monument in Riga for the 11th year in a row, as a gift to the Riga City Council, reports LETA.
Ektornet Residential Latvia was the leading real estate company last year with turnover of EUR 65.507 million, according to the Latvian Business Annual Report 2014 compiled by Firmas.lv and LETA.
Ominasis Latvia insolvency administrator Ainars Kreics has deemed the October 3 Kemeri Sanatorium auction to not have taken place, Latvian Association of Certified Administrators of Insolvency spokeswoman Justine Plumina informed LETA.
Estonian construction company Nordecon saw its third quarter of 2014 profit fall by 38% to 2.8 million euros versus 4.5 million at the same time last year, LETA/Postimees Online reports. The concern's turnover fell by 10% to 53.5 million euros.