Analyses of the construction market

  • Construction industry growth in Russia halved to 2.4% in 2012

    In 2012, the Russian construction industry expanded by 2.4%, after two consecutive years of at least 5% growth. This was only the third year in the century that GDP growth rate topped that of the construction sector, the previous two years being 2002 and 2009. The on-going… »

  • Slovenian construction market to stabilise at €1.5bn in 2013

    After the weak period between 2009 and 2012, the Slovenian construction market will stabilise in 2013. Since late 2010 a modest positive trend has lifted Slovenian construction business confidence and this has continued into early 2013. Confidence is still negative but there are… »

  • Road construction to revive Hungary’s civil engineering sector in 2013

    After years of contraction in civil engineering, the first encouraging signs regarding the trends in the coming years were noticed. At the end of December 2012, construction companies’ stock of orders was 25.6% higher than in 2011, and within that, orders for civil engineering… »

  • Record 65.2 million m² of residential space completed in Russia in 2012

    A total of 65.2 million m² of residential space in 826,800 dwellings was put into use in Russia in 2012, exceeding the previous best levels by 1.8% for floor area and by 5.2% for number of activated homes. In the last couple of years, the residential market in Russia has… »

  • Polish construction continues decline in 2013

    After several years of upward movement, the trend in the construction industry reversed in 2012, according to the latest PMR report entitled “Construction sector in Poland, H1 2013 – Development forecasts for 2013-2015”. Although the declines were kept to a low 2%, it… »

  • Civil engineering construction in Slovenia to speed up in 2013

    The Slovenian civil engineering market was hit drastically by the global crisis between 2009 and 2011 and continued with output decline in 2012. Development forecasts in the sector remain quite unclear but there are positive signs for some market segments. We see 2013 as a year… »

  • Slovak construction market to stabilise in 2013

    In 2013 the first signs of stability in the Slovak construction sector are expected. After a slump in public investment in 2012, civil engineering is expected to recover slightly, driven by the use of EU funds to conduct large infrastructure projects which had been delayed.… »

  • Slovak civil engineering sector awaits the 2014-2020 EU budget

    In the past years Slovakia has struggled to implement solid strategies for transport infrastructure construction. Years of seeking funding models before the economic crisis hurt the available investment in this segment have kept civil engineering construction at a low level.… »

  • Czech construction market to stabilise in coming years

    The Czech construction market still continues to decline at single-digit pace and certain growth in output is only likely to return in 2014-2015. Cancelled civil engineering construction, particularly in the road infrastructure sector, combined with weaker development in the… »

  • Government-led initiatives provide an opportunity for a sustained recovery in residential construction in Poland

    Scheduled for 2012-2013, the changes in residential construction initiated by the government and banking regulations applicable to lending will have a major effect on real demand for housing. In light of anticipated developments, for 2013 PMR predicts a decline of up to 20% in… »