Latvia: construction costs up in September 2018

Compared to August, the level of construction costs in Latvia rose by 0.5% in September. Labor remuneration of workers increased by 1.2%, maintenance and operational costs of machinery and equipment by 0.5%, and prices of building materials by 0.1%. In September the average level of construction costs was mostly affected by the increase in labor…

Latvia: Defense Ministry performs final assessment of 4×4 tactical transport procurement

Defense Ministry currently performs the final assessment of procurement offers for 4×4 light and medium-sized tactical transports for the country’s National Armed Forces. Talks regarding procurement of 4×4 light and medium-sized tactical transports were organized in two stages. Twelve contenders submitted applications for the first stage. Defense Ministry’s procurement commission picked six for the second…

Latvia: construction costs up in June 2018

Compared to May the level of construction costs in Latvia grew by 0.4% in June. Labor remuneration of workers grew by 0.6%, prices of building materials – by 0.5%, but maintenance and operational costs of machinery and equipment – by 0.1%. In June the average level of construction costs was mostly affected by an increase…