Latvia’s state-owned Eiropas Dzelzcela Linijas (EDZL) has awarded a contract to build the Rail Baltica railway in Latvia to the European joint venture, ERB Rail Baltica, for EUR 3.7mn, LSM reports. ERB Rail Baltica was established by France’s Eiffage Génie Civil, Italy’s Rizzani de Eccher, and Poland’s Budimex. EDZL’s procurement commission excluded Türkiye’s IC Ictas…
Average housing prices in Latvia rose by 5.6% in the second quarter of 2023, compared to the same period of 2022, according to the Central Statistical Bureau’s provisional data, LSM reports. Prices of newly-built housing increased by 15.0% and old housing by 3.2% over a year. Compared to the first quarter of 2023, housing prices…
Latvia’s Corruption Prevention and Combating Bureau (KNAB) has searched the offices of the municipal administration in Valmiera, LSM reports. KNAB detained Valmiera’s mayor, Janis Baiks, and other officials as part of the criminal investigation. The officials and representatives of several companies are suspected of misappropriating more than EUR 4mn of funds from the European Regional…
Latvia’s construction output increased by 16.1% in the first half of 2023 compared to the same period of 2022, according to the Central Statistical Bureau’s calendar-adjusted data at constant prices, LSM reports. Construction of buildings rose by 23.2%, specialised construction activities by 17.5%, and civil engineering works by 2.6% over a year. In the second…
An increasing number of Lithuanian emigrants are considering going back, according to a poll carried out by the Employment Service (UzT) in May 2023, LRT reports. The survey showed that 55.1% of respondents would like to return to Lithuania, which is 14.6 percentage points higher than in 2020. The majority of those who wish to…
Construction costs in Latvia increased by 4.1% in June 2023, compared to a year earlier, according to data from the Central Statistical Bureau, LSM reports. Labour remuneration rose by 6.7%, maintenance and operational costs of machinery and equipment by 5.8%, and prices of building materials by 2.2% over a year. Compared to May 2023, construction…
Latvia’s state real estate management company, Valsts Nekustamie Ipasumi (VNI), has taken over a project to build a fence on the country’s border with Russia from the State Security Service (VDD), LSM reports. VNI board chairman Renars Griskevics said that construction work would resume at the end of 2023. However, the final deadline for the…
Latvia’s state real estate management company, Valsts Nekustamie Ipasumi (VNI), will speed up the construction of a fence on the country’s border with Belarus, LSM reports. VNI’s board chairman, Renars Griskevics, said that VNI would build 85.9 km of the fence in autumn 2023 and the remaining 80.6 km by the end of 2024. The…
The average gross monthly salary in job advertisements in Estonia amounted to EUR 1,481-1,947 in the first half of 2023, which was 13% higher than in 2022, according to data from recruitment portal CV Keskus, Postimees reports. The average salary offered for top specialists and middle managers stood at EUR 2,170-2,728 (up 17%), for mid-level…