The contract value of the multi-purpose project, which includes the national stadium, has been reduced by a further EUR 1 million to EUR 157.2 million, says Vilnius Mayor Valdas Benkunskas.
construction projects
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Colliers Baltic, a real estate services company, has announced it is establishing a project management business in Lithuania. The new company will be led by Germantas Kavaliauskas.
RIX Riga Airport will start the implementation of ambitious development plans this year – the construction of the new passenger terminal and work on the creation of RIX Airport City will begin. The company’s vision is to become the future travel hub of Northern Europe, which will promote the competi...
Construction is being launched on a 15-million-euro Moxy hotel, part of the Marriott Group, in Lithuania's second-biggest city of Kaunas, with the developers planning to build more Moxy and Marriott hotels in the Baltic countries.
Norwegian-owned real estate company Baltic Sea Properties (BSP) says local banks have turned down its request for funding for construction projects outside Vilnius and Kaunas thrice in the past six months, the business daily Verslo Zinios reported on Thursday.
