Volume of construction work in Lithuania up 16.8 percent
Friday, August 15, 2014
Statistics Lithuania informs that in the second quarter of 2014, against the second quarter of 2013, the volume of construction work carried out increased by 16.8 percent and amounted to LTL 2.2 billion (EUR 637 million).
Construction on a new bridge over the Nemunas River in Panemunė, an important transport link to Russia’s Baltic enclave of Kaliningrad, will not meet its October deadline due to delays on the Russian side.
Construction company AB Panevežio Statybos Trestas has signed a contract with UAB Devold regarding new textile factory construction in Panevėžys, northern Lithuania, according to a statement by the company.