Serbia: Promising Market for Austrian Construction Industry

Published: March 19, 2012; 19:33 · (Vindobona)

The Western Balkan state Serbia invests massively in the modernization of its infrastructure. This year, the civil engineering sector will grow by 20%.

Serbia: Promising Market for Austrian Construction Industry / Picture: © Flickr

The Serbian construction sector grows dramatically. According to the Budapest-based research institute Buildecon, the Serbian construction market will show double-digit growth rates this year. The civil engineering sector is expected to expand by 19%. Already in 2011, similar growth rates could be achieved. Commercial building was up by 5.0%.  The main reason for the construction boom:…

This article includes a total of 229 words.

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