As indicated by the results of PMR’s latest report, entitled “Construction sector in Kazakhstan 2015. Development forecasts for 2015-2021”, construction industry output increased by 4.6% in real terms to KZT 2,667bn (€11.2bn) in 2014. In recent years, the construction industry in Kazakhstan has been fuelled overwhelmingly by new construction projects, …
Read More »Russian production of construction machinery near to collapse
As indicated by the results of PMR’s latest report, entitled “Construction machinery market in Russia 2015. Development forecasts for 2016-2020”, limited productivity and high running costs have stunted the competitiveness of Russian machinery, not only on the world markets but also at home. Most Russian construction machinery manufacturers have been …
Read More »Hungarian construction market to grow 5% in 2015
Civil engineering and non-residential construction are the sectors most likely to drive Hungarian construction in the coming years. Thanks to the increasing number of tenders in the civil engineering sector, particularly transport infrastructure construction and environmental protection-related construction, Hungarian construction output is to see steady growth in the coming years. …
Read More »Slovak construction market to grow 4% in 2015
Civil engineering construction is expected to lead the field and drive growth of the Slovak construction sector in the coming years. Residential construction might contribute, but this depends largely on economic development in the country, which drives sales in this arena. At the same time, the non-residential market is at …
Read More »Construction industry in Poland to deliver single-digit output growth in 2015
The construction industry is poised to see continued growth in 2015. Civil engineering will be the primary force behind the construction sector’s growth, driven by increased construction activity in EU-funded projects reaching completion, in particular in the railway and water and sewage construction segments. Investments in the industrial segment will …
Read More »Construction activity in Romania will accelerate in the coming years
As indicated by the results of PMR’s latest report, entitled “Construction sector in Romania 2015. Development forecasts for 2015-2020”, in 2014 the construction industry in Romania continued to struggle, and was estimated to have contracted by 6.6% year on year, after a probable 8.7% reduction recorded in 2013. According to …
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