Georgia: cost of construction up in Q4 2021

The Construction Cost Index in Georgia increased by 13.6% in the fourth quarter of 2021 compared to the same period of the previous year, the National Statistics Office of Georgia (Geostat) announced on March 24. The increase in construction cost was mainly influenced by price changes for the following groups: construction materials – 9.64%, wages…

Moldova: gas reserves to be stocked in Romania

The government has approved a draft, which regulates the stocking of natural gas for winter in reservoirs from neighbour countries. At a conference, Infrastructure and Regional Development Minister Andrei Spinu said that this warehouse might be placed in Romania. Under the Cabinet’s decision, Moldova will start stocking, for the first time ever, natural gas in…