BMI View: Deteriorating relations between the EU and Russia, and Russia's subsequent recession, had a
sharp knock-on effect in Latvia's construction industry, which had been performing strongly until 2015. The
next decade will be characterised by muted, but steady gro ..."
BMI View: On the back of deteriorating relations between the EU and Russia over the Ukraine crisis, we
have downgraded our 2015 forecast due to low confidence and poor economic performance limiting
investment. Having said that, 2014 was the third consecutive year of d ..."
BMI View: Although economic fundamentals in Latvia remain fairly supportive, we see only modest
opportunities for growth in the country's construction sector. We anticipate industry growth to slow over
the forecast period, with average year-on-year (y-o-y) growth of 4 ..."
This report provides detailed market analysis, information and insights into the Latvian construction market, including:
The Latvian construction market’s growth prospects by sector, project type and type of construction activity ..."