Latvia to Compensate Road Builders for Rising Bitumen Prices
The Latvian Ministry of Transport announced that state road builders will receive compensation for the sharp increase in bitumen prices.
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Middle East War Drives Up Bitumen Costs for African Road Builders
The ongoing conflict in the Middle East is causing a significant increase in the price of bitumen, a key material for asphalt and road surfaces, impacting road construction projects across Africa.
Igor Choma Announces Candidacy for Žilina Regional Chairman in 2026 Elections
Former head of road builders and mayor of Žilina, Igor Choma, has announced his intention to run again for the chairman of the Žilina Self-Governing Region in the 2026 elections, having previously finished second.
Moldovan Construction Federation Criticizes Draft Fiscal Policy for 2027
The Federation of Employers of Builders, Road Builders, and Producers of Construction Materials "CONDRUMAT" has criticized Moldova's draft fiscal policy for 2027, warning that its provisions will negatively impact consumers and jeopardize the construction industry's development.
Latvian Road Builders Warn of Risks Due to Uncompensated Funds
The Latvian road construction industry is warning of increasing risks in executing state and municipal orders, citing significant financial losses from recent crises and fluctuating costs that remain uncompensated.
Software Industry Navigates AI Disruption and Market Shifts
The software industry is experiencing significant disruption due to AI advancements, leading to investor pullback and a re-evaluation of market strategies. This includes a look at companies building infrastructure for crypto payments and the broader impact on software development.