Latvia: new concert hall to recover investments in 15 years

In the first 15 years after construction of Latvia’s new National Acoustic Concert Hall it will earn Latvia’s national economy a total of EUR 107.6 million, fully compensating investments and creating additional profits of EUR 17.6 million, as concluded in Latvia’s Culture Ministry’s ordered social-economic analysis. According to estimates, the concert hall project’s economic viability…

Ukraine: construction industry up in Q1 2019

In January-March, Ukrainian enterprises completed construction works worth UAH 26.5 billion, the index of construction in relation to the relevant period in 2018 amounted to 124.3%, Deputy Minister of Regional Development, Construction, Housing and Utilities Lev Partskhaladze wrote on his Facebook page. “In 2019, the construction industry continues growing. In the first quarter, construction works…