Austrian Construction Industry Aims at the Czech Republic

Industrials › Construction ♦ Published: April 13, 2011; 06:22 ♦ (Vindobona)

Despite the current downturn in the Czech construction market, the Economic Chamber presently recommends making use of the traditionally good relations with the Czech Republic.

Austrian Construction Industry Aims at the Czech Republic / Picture: © Vindobona.org

"Even if the long construction boom in the Czech Republic appears to be over, it is important right now to show presence to secure an edge when construction activity picks up again,” says Nikolaus Seiwald, Austrian business delegate in Prague, optimistically.

Construction output collapsed by 7.8% in 2010, the number of new housings fell by 25% and the number of housing…

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