Bartlomiej Sosna, construction market expert at Spectis, said that in most cases, general contractors had learnt the lesson from the investment boom on the eve of the Euro 2012 football competition.
“The growth of bid prices recently observed is capable of offsetting increased costs of construction companies” said Sosna. “Moreover, in some cases high-priced contracts of today can generate above-average margins in two or three years’ time, provided that building material prices finally decrease after upward price movements, just as was the case in 2015.”
Full article: www.khl.com
