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Austria's Construction Industry Expects Stagnation

Published: March 8, 2011; 01:08 · (Vindobona)

In an interview with the newspaper "WirtschaftsBlatt", the CEO of the Porr construction company, Karl-Heinz Strauss, describes his prospects for the local construction industry.

Austria's Construction Industry Expects Stagnation / Picture: © Porr AG

For the past year, Strauss expects Porr to write profits. In the first half year, the operating results were negative, due to weather and the associated poor utilization of production capacity. The publication for the past year will be effected by the end of April.

Intensive efforts are however made concerning the ongoing restructuring of the company. Duplications should be…

This article includes a total of 266 words.

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