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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: © Vindobona.org
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,…
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