Latvia: construction output up in Q1 2018

Compared to Q1 2017 construction output increased by 35.7% in Latvia in Q1 2018. Construction output rise was observed in construction of buildings (44.2%), civil engineering (43.6%) and specialized construction activities (16.3%). Compared to the corresponding quarter of the year before output growth was recorded in all types of civil engineering: construction of roads and…

Lithuania: Elektrum Lietuva expanding

Independent power supplier Elektrum Lietuva, a part of Latvian energy group Latvenergo, is launching a new business and will help residents and businesses to install solar panels this month already. Elektrum Lietuva CEO Martynas Gina says the company is the first on the market to provide such services. Elektrum Lietuva has been operating in Lithuania…

Turkmenistan: Iranian firms keen to involve in construction projects

Iranian companies are interested in taking part in motorway and road construction projects in Turkmenistan, Abbas Ahmad Akhoundi, the Islamic Republic’s Roads and Urban Development minister, said. Akhoundi made the remarks on the sidelines of a meeting with Turkmenistan’s Foreign Affairs Minister Rasit Meredow in Tehran. The parties held talks on participation of Iranian companies…

Georgia: European partners to help reform energy sector

The Government of Georgia, the German government-owned development bank KFW and the French Development Agency (AFD) have signed a declaration on launching reforms for developing the energy market in Georgia and improve energy efficiency in the country. As Georgia’s Prime Minister Giorgi Kvirikashvili stated at the government meeting, the development of the country’s energy field…