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Sunday, 30.08.2015, 10:54
According to Statistics Estonia, in the 2nd quarter of 2015 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries decreased 6%. The construction volumes have decreased for two years in a row.
Keyword tags: Analytics, Construction, Estonia, Real Estate
Latvian Construction Control Office: 89% educational establishments are in excellent or good condition28.08.2015
The State Construction Control Office in Latvia had inspected 261 educational establishments in Latvia by August 25, which is 40% of all buildings the office has visited so far this summer. The majority of the inspected educational establishments, 89%, are either in excellent or good condition, according to the office.
Data of Central Statistical Bureau (CSB) show that, compared to June, level of construction costs in Latvia in July 2015 dropped by 0.1%. Labour remuneration of workers decreased by 0.5%, which was affected by reduction of remuneration of workers in construction of buildings.
While Latvia has precise procedures for the assessment of asylum seekers' applications, there is no set procedure for the integration of refugees, President Raimonds Vejonis said in an interview with Latvian State Television this morning, cites LETA.
President Dalia Grybauskaite says the accident when an 11-year-old boy fell to his death from a window of Vilijampole social care home has once again highlighted the problems in Lithuania's social care establishments, reports LETA/ELTA.
SEB initiated a survey in the Baltic States on young persons' financial behaviour and lifestyle and found that youth in Estonia are not as diligent in planning their budgets as their Latvian and Lithuanian peers, writes LETA/National Broadcasting.
The Latvian Land Fund (Latvijas zemes fonds) has signed the first three agreements on farmland purchases – land plots in Skrunda, Lielvarde, and Vane counties, as the fund's representative Kristine Grauzina told LETA.
The Bank of Estonia reported that the volume of loans and leasing contracts issued to Estonian enterprises and households grew by 259 million euros to 15.9 milliard euros, while financing portfolio grew by 4.1% in the year-on-year comparison, writes LETA/National Broadcasting.
"BaltCap Private Equity Fund II" has pushed through acquisition of the realty investment management firm BPT Real Estate, which operates in all three Baltic States and Poland, informs LETA.
The first-stage of renovation and restoration works at Riga Castle will be completed on time – by November 1, the CEO at the state joint-stock real estate management company Valsts nekustamie ipasumi (VNI) Martins Tols told the LNT television channel today, cites LETA.
This week buyers will be again proposed to acquire in an auction the property of the bankrupt Snoras bank: buildings, land plots and artwork – all at lower cost, reports LETA/ELTA, referring to Vakaro zinios.
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.
Leasing one's flat or house to tourists via the Airbnb system is becoming increasingly popular in Estonia, writes LETA/Delfi.
Vilnius Regional Administrative Court on August 21st ruled that Neringa municipality may compensate by August 2016 EUR 1.15 million in damages to businesspeople whose fish restaurant in Juodkrante was demolished even though they had the necessary building permits, reports LETA/ELTA, referring to Vakaro zinios.
Lithuania's National Land Service (NZT) has launched internal inquiry over possible conflict of public and private interests in its Vilnius City Division, informs LETA/ELTA.