International Internet Magazine. Baltic States news & analytics
Saturday, 29.11.2014, 09:19
According to Statistics Estonia, in the 3rd quarter of 2014 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries decreased by 8%. The construction volumes have decreased for four quarters in a row.
Keyword tags: Analytics, Construction, Estonia, Real Estate
Latest data of the Central Statistical Bureau (CSB) show that compared to September, construction costs in Latvia in October 2014 decreased by 0.1%.
Saeima confirmed the makeup of investigative commissions on the Zolitude tragedy and Citadele bank sale process today, reports LETA.
The first newly built fire station in Latvia since the restoration of independence will be unveiled in Cesis next week, LETA was informed by the State Fire and Rescue Service.
Dace Melbarde, Latvia's minister of culture, "fought and won" funding so that the popular tourist attraction – the notorious Latvian SSR KGB headquarters in midtown Riga, can remain open in 2015, reports LETA.
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.
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.