Budma | Construction industry in Poland – Statistic data and prognosis
20 Feb 2018
The final data for 2017 will be published by the Central Statistical Office only at the end of 2018. However - as explained in the report of the research company Spectis titled “Construction Market in Poland 2018 – 2025” - knowing the preliminary results of large construction companies and taking into account the trends in single-family and non-residential construction, estimates can be made.
These indicate that in 2017 the total construction and assembly output of construction and non-construction companies increased by a real 8%, to 193 billion PLN (exceeding the record index from 2011).
- The new record is not only due to the very good results of the previous year, but also the effect of the GUS's re-estimation of data for 2016 - Bartłomiej Sosna, Spectis expert, stressed. - It turns out that described as fatal for construction companies year 2016 finally ended with only a 2-percent drop in the total construction output - he added. This means that the centre of gravity of the Polish construction sector has clearly shifted from large construction groups towards smaller and more specialized entities.
Full article: www.budma.pl