International Internet Magazine. Baltic States news & analytics
Wednesday, 05.08.2015, 11:25
Consolidated turnover of the construction company RBSSKALS in 2014 exceeded the 2013 level by 21.2%, reaching EUR 74.75 million. Turnover in Latvia and the European Union (EU) amounted to EUR 65.74 million; outside the EU – EUR 9.01 million, as LETA was informed by Ieva Vaverniece, a representative of RBSSKALS.
Keyword tags: Baltic Export, Construction, Good for Business, Latvia, Markets and Companies, Real Estate
On 31 July 2015, Bulgarian Commercial Registry registered Arco Real Estate Fund REIT with paid-up initial capital in the amount of 256 thousand EUR, Arco Vara informed the Tallinn Stock Exchange, cites LETA.
The Latvian construction materials manufacturer Cemex turned over EUR 86.9 million in 2014, maintaining this year's turnover on the level of the previous year, the company announced LETA.
Rezekne Mayor Aleksandrs Bartasevics (Harmony Center) believes that the second largest city in Latgale Province will be unable to accommodate refugees, as Rezekne City Council informed LETA.
Congratulating Ventspils residents with city's 725th anniversary, the Central Statistical Bureau (CSB) has compiled characteristics of Ventspils in numbers.
Statistics Lithuania informs that in June 2015, compared to May, construction input prices increased by 0.5%. The change was mainly influenced by a 1.5% increase in wages and salaries. Over the year (June 2015, against June 2014), construction input prices increased by 1.8%.
At the moment, the Riga City Council "has no possibility" of offering premises for refugees in Riga, according to Riga Mayor Nils Usakovs (Harmony Center), cites LETA.
Estonian Land board announced that in the second quarter of 2015, a total of 15,130 real estate transactions worth approximately 790 million euros were conducted in Estonia, a strong growth year-on-year, writes LETA.
According to the bill of amendments to the Tobacco Law that was sent to a round of approvals at the beginning of July 2015, Estonia's tobacco policy will again become by a few degrees tougher, as smoking areas in institutions will have to go and soon, buildings will be smoke-free, LETA/Eesti Päevaleht writes.
The Cabinet of Ministers and 9th Saeima are to take responsibility for the liquidation of the State Construction Inspectorate, but the Economy Ministry in Latvia deserves the bulk of the blame as it was the ministry that ignored the importance of the inspectorate for the supervision of the construction industry, and irresponsibly suggested liquidation of the inspectorate, according to the findings of the Saeima investigative commission set up to probe the Zolitude tragedy, informs LETA.
Data of Central Statistical Bureau (CSB) show that, compared to May, level of construction costs in Latvia in June 2015 reduced by 0.5%.
The construction of a high-end apartment building is launched in Riga, at 7 Cesu Street. One of the leading construction companies in Latvia – LNK Industries Joint-Stock Company – executes construction works. It is planned to commission the building at the beginning of 2017, informs BC LNK Group public relations and marketing project manager Inga Domka.
The new national football stadium, which is to be constructed on Krisjana Barona Street 116A in central Riga, is planned to be officially opened on June 1, 2017, reports LETA.
Estonian Interior Minister Hanno Pevkur said on July 23rd that the 150 refugees Estonia will receive over two years will not be placed to live in one large house somewhere , but these people will be found apartments across Estonia, LETA/Delfi reports.
The joint-stock construction company BMGS posted EUR 97.924 million in turnover in 2014, a 13% increase on 2013, reports LETA, according to Firmas.lv.