CESEE: Construction Industry Shrinks Further

Published: January 5, 2013; 20:34 · (Vindobona)

The European research institute Euroconstruct expects a negative development for the construction industry in the CESEE region.

CESEE: Construction Industry Shrinks Further / Picture: © Flickr

Due to the unfavorable framework conditions, the European construction industry faces another difficult year. Last year, the construction work was down by 4.7%, Euroconstruct says. This year, the institute expects a decrease of 1.6%.

Even in Poland, the construction industry cannot hold back from the downward trend. In 2013, Euroconstruct forecasts a decrease of 1.1%. Last year,…

This article includes a total of 236 words.

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