ConstructionIndustry

Storent Holding reports record growth – revenue up 33% and EBITDA up 70%; strategic U.S. company acquisition marks next stage of expansion

The company prepares for a new bond offering. Following the acquisition of Connect Rentals (USA), AS Storent Holding has experienced substantial growth and delivered its strongest financial performance in the [..]

Lithuania ranked 2nd in global prefabricated wooden house exports in 2023

Despite a challenging year, Lithuania was the world’s second-largest exporter of prefabricated wooden houses in 2023, with exports of Lithuanian-made buildings with exterior and interior finishing elements made of wood [..]

High Euribor drives lumber prices in Estonia to lowest in years

Over the past year, all kinds of prices in Estonia have seen largely sharp increases – but lumber prices have halved. Behind this particular drop is the same factor troubling [..]

DS-1 terminates contract with Alvora on Orlen Lithuania reconstruction

DS-1, a company building and installing engineering systems, has terminated its joint activity contract, worth tens of millions of euros, with Alvora, a construction company building energy infrastructure, for the [..]

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