International Internet Magazine. Baltic States news & analytics
Wednesday, 28.05.2025, 05:55
Islam Karimov’s speech at the International Conference in Tashkent
President of the Republic of Uzbekistan Islam Karimov attended the opening ceremony of the international conference “Modern housing construction as a driving force of comprehensive development and transformation of rural areas, enhancing the living standards of population” at Tashkent’s Palace of Symposiums on April 17. Following is the text of his keynote speech, which was given to BC by the Embassy of Uzbekistan in Latvia.
Construction price index in Estonia increased by 2.2% in Q1
According to Statistics Estonia, the percentage change of the construction price index in the 1st quarter of 2013 was 2.2% compared to the 4th quarter of 2012 and 5.6% compared to the 1st quarter of 2012.
Heimdal Skonto Latvia to deliver house modules for Scandinavian market
On April 24, 2013 in Ventspils, at 27 Rūpniecības Street, the new house modules’ production unit of LTD Heimdal Skonto Latvia will be introduced to the journalists and other interested people. The house modules are produced in the new production unit for several months, which are meant for the market of Scandinavia, and now the first shipment of the finished production is going to be sent to the city of Trondheim in Norway, informed BC marketing expert of Ventspils Free Port Administration Zanda Gulbe.
State of emergency in Daugavpils and Daugavpils Region declared
Today, the Crisis Management Council decided to declare a state of emergency in the city of Daugavpils and Daugavpils Region, as Latvian Prime Minister Valdis Dombrovskis (Unity) told reporters, cites LETA.
Number of real estate transactions in Estonia grew by 12.4% in Q1
According to the Estonian Land Board data, 11,174 real estate transactions for approximately 490 million euros were conducted in Estonia in the first quarter of the year 2013; the number of transactions grew by 12.4% in a year, LETA/Postimees Online reports.
Damage sustained by Plavinas during flooding estimated at LVL 0.5 mln
While the data on damage sustained by Plavinas during the flooding are still being collated, the local government estimates that the flooding may have cost the town a total of LVL 0.5 million, as Plavinas Region Council's deputy head Ainars Arnitis told LETA.
Lithuanians continuously interested in new apartments
Active construction in Vilnius not only improves a number of housing supply parameters but also continues to fuel buyers' interest in new apartments, reports LETA/ELTA, referring to Ober-Haus.
Flood-hit farms near Ilukste forced to pour out milk
Due to roads being cut off from flooding, several farms near the town Ilukste (southeastern Latvia) have been forced to pout out their milk as milk-trucks have not been able to arrive to pick them up, LETA was informed by Daugavpils Mayor Zanna Kulakova.
Latvian government decides against declaring state of emergency
During an emergency Cabinet meeting last night, the government decided against declaring a state of emergency in the regions currently suffering from flood problems, reports LETA.
Higher property investment registered in Lithuania in early 2013
The beginning of 2013 has brought some positive change to the commercial properties market in Lithuania with not only an improvement in occupancy rates and increase in rents but also record high investments in the commercial properties sector, real estate company Ober-House said in a report, writes LETA/ELTA.
Period during which construction permits may be contested shortened in Latvia
Latvian Saeima today passed amendments to the Construction Law in the third and final reading, which stipulate shortening the period of time during which a construction permit may be contested, informs LETA.
Building at Kalku Street 15 in Riga – most expensive real estate property sold in 2012
MNB nams building at Kalku Street 15 was sold for LVL 6.21 million in 2012 and was the most expensive real estate property sold in 2012, according to a survey carried out by the business magazine "Kapitals", writes LETA.
Lithuaniab MFA thanks Italian ambassador for help in Villa Lituania story
On 16 April, the Lithuanian Minister of Foreign Affairs Linas Linkevicius thanked outgoing Ambassador of Italy Renato Maria Ricci for his contribution to reaching an agreement with the Government of Italy on compensation for Villa Lituania, the inter-war Lithuanian legation building in Rome, reports BC the Ministry of Foreign Affairs.
Vilnius to have new traditional Japanese garden
Mayor of Vilnius Arturas Zuokas, along with Japanese park and public space designers Shiro and Yukihiro Nakane, unveiled their plan to build a new traditional Japanese garden in Vilnius, reported LETA/ELTA Vilnius municipality's press service.
Non-resident investments in Latvia made over LVL 300 mln in 3 years
In the three years since temporary residence permits are issued to foreigners who invest money in Latvia, non-residents have invested more than LVL 300 million in Latvia, created almost 2,500 new jobs, and their companies' combined turnover stands at about LVL 200 million, Latvian Real Estate Association LANIDA informed LETA/Nozare.lv.